• Open

    Rates Jump for Every Mortgage Type
    Rates for all mortgages not only climbed Friday, but by double digits for most loan types. The 30-year and 15-year averages each jumped up about a quarter point.  ( 20 min )
    Nikola Shares Tumble After Recall of Electric Semi-Trucks
    Shares of Nikola sank after the electric vehicle maker voluntarily recalled 209 of its Class 8 Tre semi-trucks because of potential battery fires.  ( 16 min )
    Elizabeth Warren's Economic Plan: Break and Remake
    If the system is rigged, as Warren sees it, it must be broken and remade. Here's how she plans to.  ( 27 min )
    US Steel Shares Surge After Rejecting $7.25 Billion Bid From Cleveland-Cliffs
    U.S. Steel's shares surged on Monday after it rejected an unsolicited offer worth $7.25 billion Cleveland-Cliffs, and said it was reviewing strategic options.  ( 17 min )
    PayPal Taps Intuit's Alex Chriss as New CEO
    PayPal shares rose in early trading on Monday after it tapped Intuit's Alex Chriss as its new CEO.  ( 17 min )
    Trading on the Pink Open Market
    Stocks of well-known companies trade on major exchanges but must be listed first. Unlisted companies trade on Pink Sheets or the Over-the-Counter Bulletin Board.  ( 23 min )
    Job Hunters Have Had The Upper Hand in These Three States in the Wake of the Pandemic
    It's been a job-seekers' market nationwide as the economy has recovered the pandemic, but the number of jobs openings is outstripping the available workers in some states more than others.  ( 19 min )
    Using Caution When Trading Pink Market Stocks
    Pink market stocks can increase portfolio returns by large magnitudes in a short time but come with significant risks associated with OTC markets.  ( 23 min )
    Do You Need More Than One Financial Advisor?
    Using more than one financial advisor for money management has its pros and cons.  ( 20 min )
    Do Trust Beneficiaries Pay Taxes?
    Beneficiaries of a trust typically pay taxes on distributions from the trust's income but not on the distributions of the principal.  ( 23 min )
    Taxation Rules for Bond Investors
    Find out the tax implications of three types of bonds—government bonds, municipal bonds, and corporate bonds—and what you can do as an investor.  ( 25 min )
    When To Retire and Why Age Matters
    Before you decide to retire, consider the pros and cons of quitting work at different ages to make sure you have the financial resources you'll need.  ( 26 min )
    Apple Supplier Foxconn Tops Earnings Estimates On AI Strength
    Apple supplier Foxconn, the world's biggest contract electronics maker, beat estimates for second-quarter earnings as demand for artificial intelligence infrastructure soared.  ( 18 min )
    How to Play Stocks in the OTC Pink Market
    Stocks trading on the OTC Pink Open Market include many good companies waiting to be discovered. Find out more about the OTC's three markets.  ( 24 min )
    Are Online Banks Safe?
    Online banks are considered safe for banking, especially when they have FDIC protection. Learn more about the risks and safety features of online banks.  ( 23 min )
    Pink Market: Listings for Stocks That Trade Over-the-Counter
    "Pink sheets" is an outdated term used to describe stocks that trade over-the-counter (OTC) in the U.S. rather than on a major stock exchange.  ( 26 min )
    Tesla Shares Slip After Cutting Prices in China, Raising EV Price War Worries
    Tesla shares slid after cutting prices on some models in China, raising concerns about an EV price war.  ( 18 min )
    Lending Facility: Meaning, History, Development
    A lending facility is used by central banks when lending funds to primary dealers that can conduct business with the U.S Federal Reserve.  ( 22 min )
    How Do Governments Fight Inflation?
    There are many methods used by the government to control inflation; one popular method is contractionary monetary policy.  ( 26 min )
    Social Media: Definition, Effects, and List of Top Apps
    Social media sites and apps have helped people around the world to connect and create virtual communities based on common interests.  ( 23 min )
    5 Things to Know Before Markets Open
    U.S. Steel shares jump after it rejects a takeover bid from Cleveland-Cliffs and Tesla shares fall after it cut prices on models in China. Here’s what investors need to know today.  ( 19 min )
    Care, Custody, or Control (CCC) in Insurance: Overview, Examples
    Care, custody, or control (CCC) is a liability insurance exclusion that removes indemnification for the insured when a property is in their care.  ( 19 min )
    Who Determines Interest Rates?
    Interest rates are commonly determined by a central bank and influenced by the finances of individuals, businesses, and governments. Learn more about how rates are set.  ( 22 min )
    How Does the International Monetary Fund Function?
    Learn about the responsibilities of the International Monetary Fund and its functions regarding the international monetary system's stability.  ( 21 min )
    Ground-Up Loss: What it is, How it Works
    Ground-up loss is the total amount of loss covered by an insurance policy. It is an important number to know when choosing plans.  ( 19 min )
    Class 1 Insurance Definition
    In the case of an accident, Class 1 Insurance covers the policyholder and owner of the vehicle, as well as a relative who lives with the policyholder, a pedestrian, or a bicyclist.  ( 18 min )
  • Open

    AMC stock crashes as court approves APE conversion
    Investors sold off AMC stock on Monday as fears intensified that a conversion with APE shares will dilute the stock's value.  ( 32 min )
    Nvidia and Micron Give the S&P 500 a Lift
    The S&P500 climbed higher Monday from big gains in a handful of high-flying tech names. In midday trading, the index moved up 0.4% to 4,480.93. Nvidia (ticker: NVDA) and Micron Technology (MU) took the lead, up 5% and 4.6%, respectively. Both stocks closed mostly in the red all of last week. Teled  ( 11 min )
    Hawaiian Electric Stock Sinks 41%. The Maui Wildfires Are Tied to the Drop.
    Wells Fargo maintains an Underweight rating on Hawaiian Electric stock, and lowers the price target to $25 from $35.  ( 26 min )
    Intuit executive Chriss to become president and CEO of PayPal
    Intuit executive Alex Chriss will become the president and CEO of digital payments company PayPal next month. Chriss will take over the CEO post from Dan Schulman, who told PayPal's board in February that he planned to retire at the end of the year. Schulman will stay on PayPal's board until its next annual shareholders meeting in May 2024.  ( 31 min )
    Nvidia Is Still a Winner. Why the Stock Is a Buy Now—and How Far It Could Rally.
    Nvidia is Morgan Stanley's top stock pick going into earnings, with a price target on the shares that implies another big rally for the chipmaker.  ( 26 min )
    Harmony Biosciences to acquire Main Line's Zynerba in up to $200M deal
    Two suburban Philadelphia pharmaceutical companies are set to tie-up in a deal valued at up to $200 million.  ( 11 min )
    IBM Plans To Replace Nearly 8,000 Jobs With AI — These Jobs Are First to Go
    IBM CEO Arvind Krishna announced a hiring pause in May, but that’s not all. Later that month, the CEO also stated the company plans to replace nearly 8,000 jobs with AI. Krishna noted that back-office functions, specifically in the human resources (HR) sector, will be the first to face these changes. In recent weeks, the company has opened up dozens of positions for AI-based roles to help develop and maintain these systems. See more on startup investing from Benzinga: Until 2016 it was illegal f  ( 32 min )
    When To Retire and Why Age Matters
    Before you decide to retire, consider the pros and cons of quitting work at different ages to make sure you have the financial resources you'll need.  ( 26 min )
    Russia Calls Emergency Key Rate Meeting as Ruble Plunges
    (Bloomberg) -- The ruble crashed through the level of 100 to the dollar for the first time since March last year, as political infighting spilled into public view at a time when Russia’s war in Ukraine drags on and international sanctions throttle the economy. Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinRuble Sinks to 100 Per Dollar as Sanctions Choke RussiaZuckerberg Says ‘Time to Move On’ From Musk Cage FightAmerica’s Fastest Growing City Is Embracing ‘Ye  ( 33 min )
    ‘The Golden Gridlock’: Billionaire Ken Fisher Sees a Bullish Tailwind Ahead for Stocks — Here Are 2 Names He Bets Big On
    The history books show that the 9 months beginning October of a midterm election year prove to be the most consistently profitable spell in the stock market. Given the stock market gains recorded in the 9 months since last October, that trend played out again as expected. It’s a period billionaire Ken Fisher has termed the ‘midterm miracle.’ The nice thing about that timeframe, says Fisher, is that it is usually followed by another strong period, albeit not quite as fruitful. Fisher has a term f  ( 34 min )
    Hawaiian Electric Stock Sinks 41%. Maui Wildfires Are Risk to the Shares, Says Analyst.
    Wells Fargo maintains an Underweight rating on Hawaiian Electric stock, and lowers the price target to $25 from $35.  ( 26 min )
    Is Verizon A Buy Amid 5G Broadband Gains, Lead-Sheathing Issue?
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    PayPal Appoints Intuit Executive as New CEO. He Needs to Stop a Stock Slump.
    Alex Chriss will succeed Dan Schulman as chief executive effective Sept. 27, the company said.  ( 27 min )
    AMC stock sinks, preferred units climb after conversion settlement
    AMC Entertainment's shares slid 35% on Monday on fears that the approval of a revised stockholder settlement will allow the company to issue more shares to raise capital, a move that will dilute the worth of each common share. The common shares dropped to $3.45, levels just before the meme stock mania of January 2021 when retail traders hyped up the stock on online forums like Reddit. The preferred stock units called "APE", which trade at a significant discount to common shares, jumped 15% to $2.05.  ( 32 min )
    AMC Entertainment to effect 10:1 reverse split on Aug. 24
    The common shares of the theatre chain operator fell 38% to $3.25 in premarket trading, while its preferred shares rose 18% to $2.09. AMC aims to increase its Class A common stock to 550 million from about 524 million, it said in a regulatory filing. The company would make a settlement payment of one Class A common stock for every 7.5 Class A shares to the entitled shareholders after the reverse stock split.  ( 31 min )
    Earn Over $145k? You May Have to Pay Taxes on Your Catch-Up Contributions
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    Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets.
    My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.  ( 34 min )
    How Can I Guard My Assets From Nursing Homes?
    Paying for a nursing home can seriously deplete your retirement savings. The government-funded Medicaid program can pay some or all nursing home costs, but it's restricted to people of very limited financial means. You may be able to qualify for … Continue reading → The post Does an Irrevocable Trust Protect Assets from Nursing Homes? appeared first on SmartAsset Blog.  ( 33 min )
    Dow Jones Futures Fall Ahead Of Big Retail Earnings; Cathie Wood Sells More Tesla Stock
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    X Stock Jumps As U.S. Steel Spurns Deal With Cleveland-Cliffs
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    Nikola Stock Plummets After Recalling Most of Its Trucks
    The company announced a voluntary recall of more than 200 of its battery-electric heavy-duty trucks due to the possibility of battery fires.  ( 26 min )
    Tesla Cuts China Model Y Prices With Cathie Wood Trimming Holdings As TSLA Hits Sell Signal
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    Nvidia's Hot Streak Cools
    One of this year's hottest trades is losing some steam. Nvidia shares edged lower ahead of the opening bell and are down around 15% from the highs touched in July. The stakes are high ahead of the chip maker's  ( 21 min )
    Schwab Says TD Ameritrade Deal Spurring Retail, Advisory Attrition
    (Bloomberg) -- Charles Schwab Corp. said it’s experiencing temporarily lower net flows of client money as the brokerage sees attrition of some retail and advisory clients’ assets while it integrates TD Ameritrade into its business.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaZuckerberg Says ‘Time to Move On’ From Musk Cage FightRuble Sinks to 100 Per Dollar as Sanctions Choke RussiaUS Steel Share  ( 31 min )
    Target set to post first quarterly revenue drop in six years as consumers cut spending
    Target is expected to post its first quarterly drop in revenue in about six years when it reports results on Wednesday, as the big-box retailer reels from a shift in consumer spending away from discretionary goods to services. In recent months, consumers have been spending more on services such as travel and entertainment, while cutting down on non-essential purchases including clothing and home goods amid high inflation. "Target is going to suffer more versus the others because they have a much larger consumer discretionary element to their business," Edward Jones analyst Brian Yarbrough said.  ( 32 min )
    Investors Load Up On 3 Stocks Beyond The 'Magnificent Seven'
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    AMC stock tumbles, preferred units jump after conversion settlement
    AMC Entertainment's shares slid 35% in premarket trading on Monday on fears that the approval of a revised stockholder settlement will allow to company to issue more shares to raise capital, a move that will dilute the worth of each common share. The common shares dropped to $3.45 in trading before the bell. The preferred stock units called "APE", which trade at a significant discount to common shares, jumped 27.5% to $2.27.  ( 32 min )
    Nikola Recalls Most of Its Trucks. The Stock Is Plummeting.
    The company announced a voluntary recall of more than 200 of its battery-electric heavy-duty trucks due to the possibility of battery fires.  ( 26 min )
    Analyst Report: Boston Properties, Inc.
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    Analyst Report: Phillips 66
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    Analyst Report: Metlife Inc
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    Weekly Stock List
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    Russia's currency hits the lowest level since beginning of the war in Ukraine
    The Russian ruble has reached its lowest value since the early weeks of the war in Ukraine as Western sanctions weigh on energy exports and weaken demand for the national currency. President Vladimir Putin’s economic adviser, Maksim Oreshkin, on Monday blamed the weak ruble on “loose monetary policy” in an op-ed for state news agency Tass. Oreshkin said Russia’s central bank has “all the tools necessary” to stabilize the situation and said he expected normalization shortly.  ( 31 min )
    5 Things to Know Before Markets Open
    U.S. Steel shares jump after it rejects a takeover bid from Cleveland-Cliffs and Tesla shares fall after it cut prices on models in China. Here’s what investors need to know today.  ( 18 min )
    Daily Spotlight: Spending on Home Improvement Poised to Slow
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    Market Digest: BXP, DIS, DVN, EA, VIAV, MET, OGE, PFE, PXD, PSX, APTV
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    Nikola plunges after battery fires spur recall and sales halt
    Nikola Corp. shares fell in early trading after the manufacturer announced it will recall trucks and temporarily stop sales after several battery fires.  ( 31 min )
    Tylenol Maker Kenvue’s Share Swap Opens Door for More Investors
    (Bloomberg) -- It’s a decisive week for investors looking to get involved in Johnson & Johnson’s record split-off of most of its $40 billion stake in Kenvue Inc., the maker of Tylenol and Listerine.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaZuckerberg Says ‘Time to Move On’ From Musk Cage FightRuble Sinks to 100 Per Dollar as Sanctions Choke RussiaUS Steel Shares Soar After It Rejects $7.25 Bil  ( 33 min )
    U.S. Steel shares jump after unsolicited bid from Cleveland-Cliffs
    Cleveland-Cliffs, the largest flat-rolled steel producer in North America, said on Sunday it offered to buy U.S. Steel in a cash-and-stock deal valued at $35 per share, which represented a premium of 43% premium to U.S. Steel's last closing price. Despite the surge, shares of U.S. Steel were trading well below the offer price at $27.92, indicating some investors believe a deal may not happen at that price.  ( 31 min )
    Mary Mack talks long banking career in Charlotte, Wells Fargo's post-scandal recovery and retirement
    The Charlotte banking veteran, who retired this year, is widely credited for leading Wells Fargo's transformation after its fake-accounts scandal. Here, she talks to CBJ about that process, her 38-year career and retirement plans.  ( 17 min )
    Bank of China starts nationwide move to reduce salary gap among employees, manager levels -sources
    Bank of China Ltd, China's fourth-largest lender by assets, has launched a countrywide exercise to reduce the salary gaps among its employees and mid- and high-level managers in response to Beijing's "common prosperity" drive, three sources with knowledge of the matter said. President Xi Jinping launched the common prosperity drive in 2021 as an effort to reduce income inequality, which could threaten long-term economic growth and even the legitimacy of Communist Party rule. The move follows pay cuts being made at investment banks such as China International Capital Corp (CICC).  ( 32 min )
    Stocks to Watch Monday: U.S. Steel, Tesla, NIO, AMC
    ↗️ U.S. Steel (X), Cleveland-Cliffs (CLF): The Pittsburgh steel manufacturer's share price leapt 29% premarket, after it [rejected an unsolicited offer](https://www.wsj.com/articles/u-s-steel-reject  ( 22 min )
    Chesapeake to complete Eagle Ford basin exit with SilverBow deal
    The company has agreed to offload about 42,000 net acres and about 540 wells of its Eagle Ford asset located in Dimmit and Webb counties, along with related property, plant and equipment. In February, the gas producer agreed to sell a portion of its Eagle Ford asset to INEOS Energy for $1.4 billion.  ( 31 min )
    Daily – Vickers Top Buyers & Sellers for 08/14/2023
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    Daily – Vickers Top Insider Picks for 08/14/2023
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    Goldman Starts Talking About Fed Cuts. What It Means for Stocks.
    U.S. Steel rejects Cleveland-Cliffs bid and explores options, retailers reporting earnings, and other news to start your day.  ( 26 min )
    Court Ruling That Could Save AMC Is Bad for the Stock but Great for APE Units
    It's all about stock dilution. A court ruling paves the way for APE units to be converted into common AMC stock, diluting the float.  ( 27 min )
    Toyota, Chrysler among nearly 270,000 vehicles recalled last week: Check car recalls here.
    Toyota Tundra and Tundra Hybrid vehicles, and Chrysler Jeep Wagoneer and Grand Wagoneer cars among 270,000 vehicles recently recalled.  ( 34 min )
    Disney's future, a hot topic among Hollywood elite
    Hollywood's favorite parlor game of the week: What will Bob Iger do next? From Culver City to New York City, the U.S. media and entertainment industry's powerbrokers are spinning scenarios about the future and the possible breakup of the industry's most powerful conglomerate. Walt Disney chief executive Iger, who returned to the company in November for a second stint, triggered the vigorous industry chatter in mid-July when he suggested during a CNBC interview that the company's television businesses, including its stations and cable channels, "may not be core to Disney."  ( 33 min )
    Tech stocks have a yield problem: Morning Brief
    The tech trade is having a painful August. You could put all the blame -- or most of it — on one thing.  ( 32 min )
    Texas Oil Executives Net $122 Million in Bankruptcy-to-Exxon Journey
    (Bloomberg) -- About three years after Texas oil producer Denbury Inc. emerged from bankruptcy, four top executives are set to collect the final installment of a $121.5 million post-reorganization pay deal that rivals some of the industry’s most generous compensation packages.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaZuckerberg Says ‘Time to Move On’ From Musk Cage FightGoldman Pencils In Firs  ( 34 min )
    Futures rise led by megacap growth stocks as yields edge lower
    After strong gains this year, U.S. equities have lost momentum in August, with the tech-heavy Nasdaq posting two straight weeks of declines for the first time in 2023 on Friday. Hotter-than-expected U.S. producer prices data last week fanned concerns that the Federal Reserve could keep interest rates higher for longer, driving up U.S. Treasury yields and weighing on rate-sensitive big technology and growth stocks. On Monday, as the yield on 10-year government treasuries ticked lower, shares of Microsoft, Nvidia and Meta Platforms rose between 0.2% and 0.5% in premarket trading.  ( 32 min )
    Oil Firms Face Hard Choices After a Year of Big Spending
    The industry’s wartime windfall is dwindling.  ( 21 min )
    Philips Can Recover From Its Health Crisis
    The European medical-technology supplier is starting to emerge from a torrid period marked by the recall of machines for treating sleep apnea.  ( 26 min )
    ‘Has Bitcoin Failed?’ Asks Analyst as Cryptos Continue to Languish
    Bitcoin is seeing a period of historically low volatility. The absence of movement despite catalysts is beginning to look troubling to analysts.  ( 26 min )
    iPhone Maker Foxconn Beats Expectations. Apple Stock Edges Higher.
    Foxconn’s results mirror those of Apple’s most recent numbers, which showed a drop in iPhone and iPad sales.  ( 26 min )
    U.S. Steel Stock Soars. It’s Exploring Options After Rejecting Cleveland-Cliffs Bid.
    The company, which was built by Andrew Carnegie and J.P. Morgan, might not be independent for much longer.  ( 32 min )
    These Stocks Are Moving the Most Today: U.S. Steel, Tesla, AMC, Nikola, and More
    U.S. Steel rejects an unsolicited buyout offer from rival Cleveland-Cliffs, Tesla again cuts prices in China, and AMC stock tumbles after a court approves the movie-theater chain's revised stock-conversion plan.  ( 27 min )
    IPhone Maker Hon Hai Cuts Outlook After Mobile Demand Sags
    (Bloomberg) -- Hon Hai Precision Industry Co. now expects 2023 sales to fall after previously forecasting flat revenue, sounding a warning about demand for the devices it makes for Apple Inc. and other global firms.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Zuckerberg Says ‘Time to Move On’ From Musk Cage FightThe Fed Is Playing a  ( 32 min )
    European Stocks Gain as Traders Mull Rates Outlook, China Risks
    (Bloomberg) -- Trading in European stocks was muted on Monday as investors weighed signs of trouble in the Chinese property market before turning their attention to Federal Reserve policy minutes later in the week.Most Read from BloombergOutsider Milei Upends Argentina’s Election With Primary WinAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Zuckerberg Says ‘Time to Move On’ From Musk Cage FightThe Fed Is Playing a W  ( 31 min )
    Agnellis’ Exor Buys 15% Stake in Philips for $2.8 Billion
    (Bloomberg) -- The Agnelli family’s Exor NV bought a minority stake in Dutch medical technology company Koninklijke Philips NV.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaOutsider Milei Upends Argentina’s Election With Primary WinGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Zuckerberg Says ‘Time to Move On’ From Musk Cage FightThe Fed Is Playing a Waiting Game to Try to Avoid a RecessionExor, a holding company, bought a 15% stake in P  ( 31 min )
    China Looks to Attract Foreign Investment as Its Economy Struggles
    (Bloomberg) -- China’s State Council released a plan to further attract foreign investment and improve the business environment, including tax and visa measures, as it seeks to bolster the flagging economy. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsUS Steel Starts Review as It Spurns $7.25 Billion Cliffs BidChina aims  ( 31 min )
    Kremlin blames loose monetary policy as rouble slides past 101 vs dollar
    The rouble fell past 100 per U.S. dollar on Monday just as President Vladimir Putin's economic advisor said Russia was interested in a strong rouble and said that loose monetary policy was the main reason behind the Russian currency's weakening. The rouble fell to 100.35 roubles against the U.S. dollar in early trade. "The current exchange rate has deviated significantly from fundamental levels, and its normalization is expected in the near future," Putin's economic advisor Maxim Oreshkin told TASS news agency.  ( 30 min )
    Country Garden Crisis Deepens as Yuan Bonds Halted, Shares Slide
    (Bloomberg) -- Country Garden Real Estate Group Co Ltd. said it will suspend trading in nearly a dozen onshore bonds starting Monday, two days after the Chinese real estate company’s controlling shareholder said it would report a multi-billion-dollar loss for the first half of this year.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsoli  ( 32 min )
    Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
    Asian stock markets tumbled Monday after stronger U.S. inflation revived worries the Federal Reserve might hike interest rates again. Hong Kong's main market index plunged 2.4%. Wall Street's benchmark S&P 500 index slipped 0.1% on Friday after government data showed producer price inflation accelerated in July.  ( 34 min )
    Nvidia circa 2023, Cisco circa 2000
    Plus, Treasuries as the unsafe asset  ( 5 min )
    China’s Worsening Economy Is Hurting Corporate America
    Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom.  ( 27 min )
    Marketmind: China property troubles plague Asia stocks
    It's been a nervy start to the week in Asia as concerns about China's debt-laden property sector take a toll on stocks and the yuan, which hit its lowest in a month despite a strong fix from the PBOC. Chinese blue chips lost 1.1%, on top of a 3.4% decline last week. One month of negative consumer prices is not really deflation, which is defined as a sustained fall in the price level across an economy.  ( 31 min )
    A Crypto Mystery: Who Controls This Fast-Growing Stablecoin?
    The market cap of TrueUSD has more than doubled since March, but some investors are concerned about its opaque ownership structure.  ( 27 min )
    Tesla Cuts China Prices Again, Triggering Slump in Auto Stocks
    (Bloomberg) -- Tesla Inc. rolled out a new round of price cuts in China, sending auto stocks tumbling on concerns the move will respark a bruising price war that had showed signs of abating. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024Outsider Milei Upends Argentina’s Election With Primary WinUS Steel Starts Review as It Spurns $7.25 Billion Cliffs BidThe Fed Is Playing a Waiting Game to Tr  ( 32 min )
    Tesla Cuts China Prices Again, Triggering Slump in Auto Stocks
    (Bloomberg) -- Tesla Inc. has cut the price of its two higher-end Model Y vehicles in China by 14,000 yuan ($1,900) in the latest salvo in a bruising price war. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowThe electric vehicle maker cut the price of its Model  ( 31 min )
    Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
    Asian stock markets tumbled Monday after mixed U.S. economic data revived worries the Federal Reserve might hike interest rates again. Hong Kong's main market index plunged 2.3% and Shanghai, Tokyo and Sydney also fell. Wall Street's benchmark S&P 500 index slipped 0.1% on Friday after government data showed producer price inflation accelerated in July.  ( 34 min )
    China Shadow Banking Giant Alarms Investors With Missed Payments
    (Bloomberg) -- One of China’s largest private wealth managers is triggering fresh anxiety about the health of the country’s shadow banking industry after missing payments on multiple high-yield products.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsUS Steel Starts Review as It Spurns $7.25 Billion Cliffs BidThe Fed Is Play  ( 33 min )
    Hedge Funds Turned Long Aussie Dollar at Just the Wrong Time
    (Bloomberg) -- Hedge funds turned the most bullish on the Australian dollar than they’ve been at any point this year, just before concerns over a slowing Chinese economy pummeled the currency.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsUS Steel Starts Review as It Spurns $7.25 Billion Cliffs BidLeveraged funds’ Aussie po  ( 31 min )
    Superconductor Stocks’ Wild Swings Are Getting Risky
    (Bloomberg) -- Recent excitement around all things superconductor has sent shares of companies deemed related to the technology on a rollercoaster ride. If history is any guide, this is a stock wager fraught with danger.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsUS Steel Starts Review as It Spurns $7.25 Billion Cliffs B  ( 32 min )
    China Stocks Close to Erasing Politburo Gains Amid Economic Woes
    (Bloomberg) -- China’s benchmark stock index is set to erase all of the gains it made since a key political meeting was held in late July as the economy struggles to gain momentum and optimism over stimulus wanes. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowT  ( 30 min )
    US bank Citi completes sale of Taiwan consumer unit to Singapore's DBS
    U.S. bank Citigroup has completed the sale and migration of its Taiwan consumer businesses to Singapore's DBS Group, it said on Monday. The now transferred retail business includes retail banking, credit card, mortgage and unsecured lending businesses, as well as the transfer of close to 3,000 employees. Citi's institutional business in Taiwan was excluded from the sale.  ( 31 min )
    iPhone maker Foxconn’s cautious pivot to India shows limits of ‘China plus one’
    Apple supplier still relies on Chinese plants for 75% of global operations  ( 5 min )
    Yen drifts after breaching 2023 low, dollar gains
    The yen was volatile on Monday after slipping to its lowest for the year against the dollar, breaching the key 145 level as traders warily looked for clues on possible intervention, while the dollar rose to touch a more than one month high. Japan's low yields have made the currency an easy target for short-sellers and funding trades, with the widening gap in the interest rates between Japan and the United States leading to persistent weakness in the yen. The yen has fallen around 20% since the Federal Reserve began rapidly raising rates to combat soaring inflation in March 2022, while the Bank of Japan remains stuck in an extremely accommodating stance.  ( 32 min )
    Country Garden shares slump to record low after onshore bond trading halted
    HONG KONG (Reuters) -Shares of China's Country Garden plunged more than 12% on Monday morning after the real estate company suspended trading in 11 of its onshore bonds from Monday. Markets are jittery as more developers default on bond payments amid no signs of stronger support measures from Beijing. Country Garden last week missed payments of two dollar bond coupons due on Aug. 6 totalling $22.5 million, confirming market fears that the developer was slipping into repayment troubles.  ( 31 min )
    Shiba Inu surges; DeGods Season 3 unveiled; risk sentiment improves for US stocks
    Bitcoin dipped slightly, having hovered around the $29,380 level throughout the weekend. Ether and most other top 10 crypto were little changed.  ( 33 min )
    US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
    United States Steel Corp. said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs and was reviewing “strategic alternatives” after receiving several unsolicited offers. Pittsburgh-based U.S. Steel said it rejected the offer because Cleveland-Cliffs was pushing it to accept the terms without being allowed to conduct proper due diligence.  ( 32 min )
    Why Cleveland-Cliffs made its $7B+ bid for U.S. Steel
    Here's why Cleveland-Cliffs wanted to buy US Steel.  ( 15 min )
    Oil falls as firm dollar, China economy counter 7-week rally
    Oil prices eased on Monday after seven straight weeks of gains supported by tightening supply on OPEC+ output cuts, as concerns about China's faltering economic recovery and a stronger dollar weighed. Brent crude futures fell 29 cents, or 0.3%, to $86.52 a barrel by 0033 GMT while U.S. West Texas Intermediate crude was at $82.95 a barrel, down 24 cents, or 0.3%. Prices slipped as the U.S. dollar index extended gains on Monday after a slightly bigger increase in U.S. producer prices in July lifted Treasury yields despite expectations that the Federal Reserve is at the end of hiking interest rates.  ( 31 min )
    Asian Equities Decline; Yen Breaches Key Level: Markets Wrap
    (Bloomberg) -- Asian equities were set to fall on Monday after shares on Wall Street capped off a poor week on a down note and as China’s worsening property slump damps market sentiment.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowFutures for stocks in Austral  ( 33 min )
    Asia suffers China blues; dollar hits 2023 top on yen
    Asian shares struggled on Monday ahead of China data that is likely to amplify the case for serious stimulus even as Beijing seems deaf to the calls, while rising Treasury yields pressured sky-high valuations on tech stocks and underpinned the dollar. MSCI's broadest index of Asia-Pacific shares outside Japan eased another 0.2%, after shedding 2% last week. Japan's Nikkei was off 0.1%, though exporters have drawn support from the weak yen.  ( 32 min )
    Is AMC Stock A Buy Or Sell Now? Here's What Fundamentals, Chart Action, Fund Ownership Metrics Say
    No content preview
    China Hedge Funds in Crisis After Losses, US Investor Retreat
    (Bloomberg) -- Foreign investors are losing interest in China, and hedge funds that target the world’s second-biggest economy are paying the price.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowThe number of active China-focused hedge funds has slipped for the f  ( 33 min )
  • Open

    Big Bazar sluit twintig filialen en wil huurverlaging om bedrijf gezond te houden
    Big Bazar sluit twintig winkels die verlies maken en wil voor nog twintig winkels huurverlagingen krijgen. Volgens directeur Heerke Kooistra is dat nodig om de koopjesketen "gezond te houden".  ( 4 min )
    Ryanair schrapt 88 vluchten in België vanwege stakende piloten
    Budgetvlieger Ryanair annuleert maandag en dinsdag 88 vluchten van en naar het vliegveld in de Belgische stad Charleroi vanwege een staking van piloten. Dat meldt de Belgische luchthaven, die doorgaans ook door veel Nederlanders wordt bezocht.  ( 3 min )
    Ook Rusland krijgt eigen cryptomunt: digitale roebel vanaf morgen getest
    Hoewel de roebel behoorlijk in de verdrukking zit, werkt Rusland toch aan een digitale variant van de eigen valuta. De digitale roebel wordt vanaf dinsdag voor het eerst in de praktijk getest. De daadwerkelijke invoering moet al in 2025 gebeuren.  ( 4 min )
    NFI kraakt honderden cryptotelefoons dankzij Europese samenwerking
    Het Nederlands Forensisch Instituut (NFI) heeft mede dankzij een Europees samenwerkingsproject honderden cryptotelefoons van zware criminelen kunnen kraken. Misdadigers gebruiken zulke telefoons om niet afgeluisterd te kunnen worden.  ( 3 min )
    Europeanen kochten afgelopen jaren massaal een camper
    Onder anderen Nederlanders, Duitsers en Spanjaarden kochten de afgelopen vijf jaar in groten getale een kampeerauto. Daardoor steeg het Europese camperbezit sinds 2017 met zo'n 50 procent, naar bijna 2,8 miljoen exemplaren.  ( 3 min )
    90 procent van studenten heeft basisbeurs aangevraagd voor komend studiejaar
    Van alle studenten die komend studiejaar recht hebben op een basisbeurs, heeft zo'n 90 procent de beurs inmiddels aangevraagd. Maandag staat de teller op 391.288. Begin juli waren ruim 200.000 aanvragen ingediend.  ( 3 min )
    Philips komt deels in handen van familie achter Fiat en voetbalclub Juventus
    Investeringsbedrijf Exor heeft zich voor 15 procent ingekocht bij Philips. De investeerder is in handen van de Italiaanse familie Agnelli, die ook achter onder meer het automerk Fiat en voetbalclub Juventus zit.  ( 3 min )
    Energiecrisis is nog niet voorbij: 'Als het tegenzit, kunnen prijzen hard stijgen'
    De energiecrisis is nog niet voorbij, waarschuwde een bestuurder van Essent-moederbedrijf E.ON eerder deze week. De energieprijzen zouden bij een koude winter opnieuw kunnen oplopen. Wat kunnen we verwachten?  ( 4 min )
    De energiecrisis is nog niet voorbij: moeten we ons zorgen maken?
    De energiecrisis is nog niet voorbij, waarschuwde een bestuurder van Essent-moederbedrijf E.ON eerder deze week. De energieprijzen zouden bij een koude winter opnieuw kunnen oplopen. Wat kunnen we verwachten?  ( 4 min )
  • Open

    Tesla Shares Slip After Cutting Prices in China, Raising EV Price War Worries
    Tesla shares slid after cutting prices on some models in China, raising concerns about an EV price war.  ( 1 min )
  • Open

    5 Things to Know Before Markets Open
    U.S. Steel shares jump after it rejects a takeover bid from Cleveland-Cliffs and Tesla shares fall after it cut prices on models in China. Here’s what investors need to know today.  ( 1 min )

  • Open

    Gas Market Ructions Fuel Concerns About Energy Bills This Winter
    (Bloomberg) -- Gas is back as a risk to the global economy with potential strikes in major producer Australia threatening to shatter the fragile balance of global supplies -- and send consumer bills rising once more.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish Shado  ( 33 min )
    Oil Edges Lower After Seven-Week Rally Driven by Tighter Market
    (Bloomberg) -- Oil edged lower after capping seven weeks of gains — the longest rally since mid-2022 — driven by signs of a tightening market.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaGoldman Pencils In First Fed Rate Cut for Second Quarter of 2024US Steel Explores Strategic Alternatives After Getting Unsolicited BidsBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowWest Texas Intermediate fell below $83 a barrel following the 20% surge i  ( 31 min )
    First Mover Asia: Bitcoin Steady Below $30K as SBF Goes Back to Jail
    PLUS: The tragicomedy of Sam Bankman-Fried continued on Friday with the revocation of his bail. Even before the decision, CoinDesk columnist David Morris explained why the decision was predictable.  ( 33 min )
    Cleveland-Cliffs says its buyout offer rebuffed by U.S. Steel
    Cleveland-Cliffs disclosed Sunday afternoon that it had made an offer for United States Steel Corp. that was rejected by the Pittsburgh-based company's board. Cleveland-Cliffs said it was still willing to engage in talks to reach a merger agreement.  ( 11 min )
    US Steel rejects $7.3bn acquisition bid from rival Cleveland-Cliffs
    Move came after company said it had hired financial advisers to evaluate offers  ( 5 min )
    Marketmind: Will China pull the stimulus trigger?
    Asian markets will get key economic signals this week that could determine monetary policy in the continent's two biggest economies - retail sales and industrial production and house prices from China, and Japanese GDP and inflation. Markets also will watch for interest rate decisions from New Zealand and the Philippines, inflation figures from India and major corporate earnings reports from China, including Tencent, Lenovo CNOOC and JD.com.  ( 32 min )
    Plug Power will borrow up to $1.5 billion to fund hydrogen plant construction
    Plug Power will borrow up to $1.5 billion over the next 18 months as the Latham manufacturer focuses on expanding its network of hydrogen generation plants.  ( 10 min )
    ‘Pullback Will Be Short-Lived’: Daniel Ives Says Buy These 2 AI-Driven Tech Stocks — Including One With 260% Upside
    Boosted by the AI craze, it’s been a vintage year for tech stocks, but the summer season is proving to be a bit shakier so far. Since mid-July, the trend has been down, with the tech-heavy NASDAQ shedding ~5%. This naturally raises the question: should we be ringing the alarm bells due to this shift? Not at all, says Wedbush’s Daniel Ives, a 5-star analyst rated in the top 2% of the Street’s stock pros. Ives believes that the new bull market is simply taking a breather, and he asserts that the p  ( 34 min )
    U.S. Steel Looking at Options After Bid by Cleveland-Cliffs
    The steel company built by Andrew Carnegie and J.P. Morgan might not be independent for much longer.  ( 26 min )
    US Steel Pursues Options as It Rejects Cleveland-Cliffs Bid
    (Bloomberg) -- Cleveland-Cliffs Inc. said it made a bid to purchase United States Steel Corp. in a cash and stock deal as it looks to create one of the world’s largest steelmakers.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowUS Steel Explores Strategic Alternatives After Getting Unsolicited BidsDavid Solomon Scrutiny Spreads From Goldman to Alma MaterHackers Trick AI With ‘Bad Math’ to Expose  ( 31 min )
    The US is facing a debt storm. Here's 5 charts that show trouble is brewing.
    Hedge fund legend Ray Dalio and economist Nouriel Roubini are among commentators who have warned of a full-blown debt crisis headed for the US.  ( 33 min )
    Cruise and Waymo score a win and a surprising deal between electric aircraft rivals
    All eyes were on San Francisco this week as critics and supporters of deploying self-driving cars on public roads awaited a vote from the California Public Utilities Commission. Tl;dr: it was a win for the autonomous vehicle industry. If you haven't been following, the CPUC approved the last remaining permits to Cruise and Waymo, giving the two companies the green light to offer commercial robotaxi services across San Francisco 24 hours a day, seven days a week.  ( 34 min )
    Goldman Pencils In First Fed Rate Cut for Second Quarter of 2024
    (Bloomberg) -- Goldman Sachs Group Inc. economists anticipate the Federal Reserve will start lowering interest rates by the end of next June, with a gradual, quarterly pace of reductions from that point.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowDavid Solomon Scrutiny Spreads From Goldman to Alma MaterHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesLook to the Options Market for  ( 31 min )
    Home Depot, Target, Cisco, Deere, Walmart, and More Stocks to Watch This Week
    We'll see earnings from Walmart, Ross Stores, Applied Materials, Cardinal Health, and others. Economic data for the week will include Fed minutes, retail sales, and housing figures.  ( 27 min )
    UPDATE 1-US Steel to explore strategic alternatives after unsolicited bids
    United States Steel said on Sunday it is initiating a formal review to evaluate strategic alternatives for the steel producer after receiving multiple unsolicited bids for part or all of its business. The review was begun after the steel producer received "multiple unsolicited proposals that ranged from the acquisition of certain production assets to consideration for the whole company," CEO David Burritt said in a statement, without disclosing details about the strategic alternatives. Barclays Capital and Goldman Sachs are serving as financial advisors to U.S. Steel, while Milbank LLP and Wachtell, Lipton, Rosen & Katz are acting as legal advisors, the steel producer said.  ( 31 min )
    Young adults are more reliant on credit cards than ever before
    About 53% of millennials and 41% of Gen Z respondents said they were more reliant on credit cards than ever before this summer.  ( 33 min )
    U.S. Steel Explores Strategic Alternatives After Getting Unsolicited Bids
    (Bloomberg) -- United States Steel Corp. says it is initiating a formal review of strategic alternatives after it received “multiple unsolicited” proposals.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesLook to the Options Market for Signs of Stock Market TroubleThe proposals rang  ( 31 min )
    Big Box earnings, retail sales, Fed minutes: What to know this week
    A July retail sales report and corporate results from some of America's largest retailers will provide key insights into the strength of the US consumer during the back to school shopping season.  ( 35 min )
    US Steel to explore strategic alternatives after unsolicited bids
    The decision follows the company "receiving multiple unsolicited proposals that ranged from the acquisition of certain production assets to consideration for the whole company," CEO David Burritt said, without disclosing more details on the strategic alternatives. U.S. Steel, which has been raising prices to offset the impact from higher costs related to raw materials and energy, has seen strong demand for its steel products helping the company beat profit estimates for the second quarter.  ( 31 min )
    Housing market outlook: Where to expect mortgage rates in 2024, according to 8 leading research firms
    On Friday, the average 30-year fixed mortgage rate jumped to 7.19%. But where will it go next?  ( 32 min )
    Saudi Arabia Plans to Issue $9.6 Billion in Sukuk After Buyback
    (Bloomberg) -- Saudi Arabia has completed an early purchase of more than 35.7 billion riyals ($9.5 billion) of outstanding debt and will issue about 35.9 billion riyals in sukuk as the kingdom plans to bolster its domestic market.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowLook to the Options Market for Signs of Stock Market TroubleHac  ( 30 min )
    More Bitcoin ETF Decisions Are Already Looming After SEC Declines to Rule
    (Bloomberg) -- Bitcoin ETF candidates got another dose of disappointment when US regulators on Friday punted on making a decision on such a product. But the next time they hear from them might be just a few weeks away. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowHackers Trick  ( 32 min )
    I Moved From Ohio to New York City. Was That Financially Crazy?
    Yes, it was a dumb move if you think short term. But long term, it still seems like a good bet.  ( 26 min )
    Ask an Advisor: We're 65, Have $1 Million Saved and $42K in Social Security Benefits. Can We Live on $90K Per Year?
    No content preview
    Buy the Dip in These 2 Beaten-Down Stocks, Say Analysts
    Everyone likes a bargain and the same is true in the stock market. But while picking up items on sale in a store is a simple task, picking up shares on the cheap is a more complex endeavor. Because a cheap stock often means that it has been through the wringer, and the immediate question that comes to mind is, why have the shares taken a beating? A beaten-down stock could be down for a whole host of reasons, from weak fundamentals to broader macro concerns to unreasonable behavior by investors.  ( 35 min )
    The Series I Bond Frenzy is Dying. Should I Cash Out Now?
    Inflation has begun to cool, and that may translate to some assets. The Treasury's Series I Bonds, or " I bonds," are no longer the prized savings tool they were 12 months ago. As cost increases slowed over the past year as Federal Reserve raised interest rates, it was inevitable that this inflation-tied asset would […] The post The Series I Bond Frenzy is Dying Down. Is Now the Time to Cash Out? appeared first on SmartReads by SmartAsset.  ( 32 min )
    All boomers need to feel ‘wealthy’ is financial security. The bar is way higher for Gen Z
    Building wealth is one thing. Feeling comfortable is another entirely.  ( 32 min )
    Will Terminating an Irrevocable Trust Affect My Taxes?
    An irrevocable trust is a legal entity that cannot be altered, amended or revoked after its creation. Irrevocable trusts are typically established to protect assets from creditors, benefit the beneficiaries and minimize estate taxes. But there are circumstances that warrant the termination of an irrevocable trust like when its purpose is fulfilled or its assets […] The post Tax Consequences of Terminating an Irrevocable Trust appeared first on SmartReads by SmartAsset.  ( 33 min )
    Stock Rally Stalls Despite Better-Than-Expected Earnings Season
    With the second-quarter earnings season coming to a close, companies have exceeded analysts’ estimates at a greater rate than usual. Yet investors aren’t rewarding positive surprises.  ( 25 min )
    Why cooling inflation may be good news for tech stocks
    The relationship between interest rates and inflation has some significant implications for tech companies' valuations.  ( 33 min )
    Emerging Bonds Disrupt Playbook by Rallying as Treasuries Swoon
    (Bloomberg) -- The old playbook of selling emerging-market bonds when Treasury yields spike is being upended by the positive dynamics favoring developing-nation debt. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesBond Market Sees No End to Tumult as Fed Casts a Hawkish ShadowEmergin  ( 32 min )
    Largest U.S. Pension Bought Up Roblox Stock Before It Tanked
    Calpers scooped up volatile stocks including game firm Roblox, EV maker Lucid, and PC manufacturer HP in the second quarter. It cut back on Intel.  ( 26 min )
    5 Lesser Known Parent Companies Of Big Luxury Brands
    Tapestry, Inc. (TPR) the parent company of brands such as Coach and Kate Spade, has acquired Capri Holdings Limited (CPRI), home to brands Versace, Jimmy Choo, and Michael Kors, in a deal worth about $8.5 billion. Here are some of the lesser known parent brands of the world's biggest luxury brands.  ( 19 min )
    Home Depot, Target and Walmart earnings; retail sales, oil inventories in week ahead
    Retailers Home Depot, Target and Walmart will headline the companies slated to report quarterly results this week. Mortgage applications data will also be released.  ( 32 min )
    Earnings Follow Superstar Stocks like NVIDIA and Super Micro
    Most investors know that stocks follow earnings. That’s a fact.  ( 32 min )
    Restaurants and Supermarkets Are Brawling Over Your Dollar
    Kroger, Giant Eagle and other grocers expand their prepared meals. Meanwhile, Chipotle, Taco Bell and other restaurants aim to defend their turf.  ( 28 min )
    Travel Insurance Is Confounding. What to Know Before You Buy It.
    More vacationers are getting it as severe weather and other threats put expensive trips at risk.  ( 26 min )
    Carl Icahn Should Be Sailing Into the Sunset. Instead, He’s Scrambling to Save His Empire.
    Billionaire activist investor Carl Icahn is weathering one of his career’s most trying periods, but some on Wall Street say don’t count him out yet.  ( 23 min )
    Bond Traders Fear ECB Hawks as Energy Jitters Return to Europe
    (Bloomberg) -- Freezing winter weather seems a remote concern as Europe swelters, but traders and strategists got a reminder last week of the continent’s fragile energy security and bond-market risks. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesMaui Now Looks a Lot Less Like Parad  ( 33 min )
    Did Berkshire Hathaway Sell Paramount Stock Last Quarter? We’ll Find Out on Monday.
    Berkshire is due to release its quarter 13-F filing Monday the make-up --and any changes -- in its $350 billion equity portfolio in the second quarter.  ( 27 min )
    VinFast gets into Nasdaq, while Mullen hangs on by a thread: This week in EVs
    Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: VinFast joins EVs trading in U.S.; Mullen’s reverse stock split; and UAW talks get heated.  ( 33 min )
    Risk of double mortgage shock as Bank warns over persistently high interest rates
    More than 800,000 homeowners face a double mortgage rate shock as the Bank of England warns interest rates will stay high for years.  ( 31 min )
    How banks and shops joined the conspiracy against cash
    On a mild September day in 2015, a man walked into Walsall shopping centre in the West Midlands and headed straight for the local NatWest branch.  ( 37 min )
    What Wall Street’s Top Recession Gauge Is Saying Now
    Signs of economic strength are bringing new scrutiny to the inverted yield curve.  ( 21 min )
  • Open

    Country Risk Premium (CRP): What It Is and How To Calculate It
    Country risk premium (CRP) is the additional return or premium demanded by investors to compensate them for the higher risk of investing overseas.  ( 25 min )
    What Does the HUD Secretary Do?
    The Department of Housing and Urban Development is responsible for the living conditions of millions of Americans.  ( 21 min )
    What Credit (CR) and Debit (DR) Mean on a Balance Sheet
    There are a few theories on the origin of the abbreviations used for debit (DR) and credit (CR) in accounting. Here's an overview of the terms.  ( 22 min )
    Student Loan Debt by Gender
    While student loan debt is a burden for all borrowers, gendered wage gaps and other factors cause some to have a harder time than others.  ( 31 min )
    Understanding Frictional vs. Structural Unemployment
    Frictional and structural unemployment are two different types of unemployment that occur in an economy. Frictional unemployment occurs when workers search for jobs.  ( 21 min )
    Comparing a Dominant Strategy Solution vs. Nash Equilibrium Solution
    Dive into game theory and the Nash equilibrium, and learn why the equilibrium assumptions about information are less important with a dominant strategy.  ( 20 min )
    Standard Auto Insurance Definition
    Standard auto insurance is basic auto insurance, generally offered to drivers with clean driving records who fall into an average risk profile.  ( 22 min )
    Hashgraph Consensus Definition
    Hashgraph consensus works differently from more well-known blockchain consensus mechanisms. Learn more about it and how it works.  ( 21 min )
    Student Loans and the Racial Wealth Gap
    Higher education offers upward mobility to students of all races and ethnicities, but student loan debt still widens the racial wealth gap. Learn more.  ( 30 min )
    What Is an Accelerated Death Benefit in Life Insurance?
    An accelerated death benefit (ADB) allows a life insurance policyholder advances against the death benefit if diagnosed with a terminal illness.  ( 20 min )
    Variable Life Insurance: Definition, Tax Benefits, Vs. Term Life
    Variable life insurance is a permanent life insurance product with separate investment accounts, and often offers flexibility regarding premium remittance and cash value accumulation.  ( 22 min )
    Licensed for Reinsurance Only Definition
    Licensed for reinsurance only means a company can provide services specifically related to reinsurance in the state that has granted the license.  ( 19 min )
    How Long Can a Building Owner or Landlord Depreciate a Leasehold Improvement?
    Learn about the different depreciation and amortization rules pertaining to leasehold improvements for tax basis and GAAP financial statements.  ( 19 min )
    Vacant Home Insurance: Do You Need It? What Does It Cover?
    Vacant home insurance protects homes that aren’t being lived in. Here’s what vacant home insurance is, how it works, if you need it, and what it covers.  ( 23 min )
    4 Types of Home Renovation: Which Ones Boost Value?
    Most home renovation projects fail to pay for themselves at resale; savvy homeowners learn how to choose the upgrades that really add value.  ( 25 min )
    Preferred Provider Organization (PPO): Definition and Benefits
    A PPO is an arrangement with an insurance company in which a network of medical professionals and facilities provide services at reduced rates.  ( 23 min )
    Valuation Premium Definition
    A valuation premium is rate set by a life insurance company based on the value of the company's policy reserves.  ( 18 min )
    Government Assistance Programs: What's Available, Where to Apply
    Government assistance programs are in great demand when there is high unemployment or low wages. Learn what’s available, how to qualify, and where to apply.  ( 42 min )
    Credit Watch
    A credit watch is a service provided by credit rating agencies, financial institutions, or private businesses that watch your credit report for changes.  ( 21 min )
    What Is a Special Needs Child? Definition and Financial Resources
    A special needs child is one that requires extensive medical, educational, or emotional support.  ( 24 min )
    The 5 Countries With the Lowest Interest Rates
    Interest rates in many nations are at record low levels. We look at the five nations with the lowest rates.  ( 20 min )
    Stress Testing in Value at Risk: Overview, Calculations
    Most Value at Risk models assume away extremely high levels of volatility. This makes VaR particularly poorly adapted, yet well-suited, for stress testing.  ( 19 min )
    How Are Aggregate Demand and GDP Related?
    See why aggregate demand and gross domestic product (GDP) aren't necessarily the same, according to Keynesian macroeconomic theory.  ( 19 min )
    Barstool Sports Founder Bought It Back for $1—Here’s Dave Portnoy’s Net Worth Now
    Barstool Sports founder Dave Portnoy bought back his company for $1 from Penn Entertainment, as Penn Entertainment sold 100% of outstanding Barstool shares to Portnoy after signing a deal with ESPN to rebrand their existing sportsbook, without Barstool. Portnoy has a net worth of $100 million.  ( 18 min )
    How to Calculate the Value of an ETF
    An ETF is a good way to get broad exposure without taking on specific risk, but calculating performance may be a bit tricky.  ( 21 min )
    7 Ways to Lose Money on Bonds
    Can you lose money on bonds? Yes, indeed—but if you know the most common cause of bond losses, you can avoid them.  ( 24 min )
    Fitch Ratings: Definition, Uses, and Rating Scale
    Fitch is an international credit rating agency based out of New York City and London that investors often use to make investing decisions about stocks and bonds.  ( 21 min )
    Moral Hazard & the 2008 Financial Crisis Explained
    Learn about moral hazard, how it can affect outcomes and how it contributed to the conditions that led to the 2008 financial crisis.  ( 18 min )
    Amazon To Cut Back On Private Labels, While Walmart And Other Retailers Thrive
    Customers opt for pricing over brand names but Amazon's scaling back its private label operations even as other retailers such as Walmart and Costco continue to derive value.  ( 18 min )
    5 Lesser Known Parent Companies Of Big Luxury Brands
    Tapestry, Inc. (TPR) the parent company of brands such as Coach and Kate Spade, has acquired Capri Holdings Limited (CPRI), home to brands Versace, Jimmy Choo, and Michael Kors, in a deal worth about $8.5 billion. Here are some of the lesser known parent brands of the world's biggest luxury brands.  ( 19 min )
    Blanket Honesty Bond Definition
    A blanket honesty bond is a fidelity bond that protects employers from losses due to dishonest acts of employees.  ( 19 min )
    Business Liability Insurance: Meaning, Overview, Types
    Business liability insurance protects a company and/or business owner in the event of a formal lawsuit or any third-party claim.  ( 21 min )
    Understanding Life Insurance Loans
    A loan against the cash value of your life insurance can provide funds you need for other expenses. Learn about the pros and cons of this strategy.  ( 23 min )
    Cut-Through Clause: Meaning, How it's Used, Benefits
    A cut-through clause is a reinsurance provision that lets a party, other than the ceding company and reinsurance company, have rights under the agreement.  ( 19 min )
    Second Surplus Definition
    Second surplus describes a reinsurance treaty that provides coverage above that of a first surplus reinsurance treaty.  ( 18 min )
    Sales Comparison Approach (SCA): Definition and Use in Appraisals
    The sales comparison approach is an appraisal method that compares real estate to other properties with similar characteristics.  ( 24 min )
    What to Do After a Car Accident
    Being involved in an auto accident, even a minor one, can be a nerve-wracking experience, so it’s important to know what steps to take if it happens.  ( 21 min )
    Credit Market: Definition, Types, Example
    The credit market is where investors buy bonds and other credit-related securities. It is also where governments and corporations raise funds.  ( 22 min )
  • Open

    Review: Samsung Galaxy Z Flip 5 is de beste vouwtelefoon van het moment
    Je gebruikt misschien (nog) een platte telefoon, maar vouwtelefoons worden elk jaar beter. Dat bewijst Samsung met de Galaxy Z Flip 5, die uitblinkt met een nieuw scharnier en een groter scherm op de voorkant.  ( 7 min )
    China zoekt buitenlandse investeerders om afzwakkende economie te stimuleren
    De Chinese overheid probeert China aantrekkelijker te maken voor buitenlandse investeerders en wil het ondernemingsklimaat verbeteren, staat in een nieuw rapport van de regering.  ( 3 min )
    Zonnig weer zorgt (eindelijk) voor zomerdrukte bij pretparken en strandtenten
    Dagattracties in Nederland hebben het een stuk drukker gekregen nu het weer zonnig is. "Het is zomerdrukte. Eindelijk regent het niet meer en dat merken we wel", zegt een woordvoerder van de Efteling.  ( 3 min )
    Nog eens honderden beleggers naar de rechter om overnameprijs Credit Suisse
    Particuliere beleggers die geld hebben verloren na de overname van Credit Suisse door bankconcern UBS spannen een rechtszaak aan. Ze proberen de uitkoop aan te vechten bij de rechter, meldt Financial Times zondag.  ( 3 min )
    Nog eens honderden beleggers naar rechter om overnameprijs Credit Suisse
    Particuliere beleggers die geld verloren na de overname van Credit Suisse door bankconcern UBS in maart spannen een rechtszaak aan om de uitkoop aan te vechten, meldt Financial Times zondag.  ( 3 min )
    Hoge bouwkosten duwen Duitse projectontwikkelaar Project de afgrond in
    Project, een grote Duitse vastgoedontwikkelaar, heeft faillissement aangevraagd. Daardoor komen meerdere miljardenprojecten verspreid over Duitsland stil te liggen.  ( 3 min )
  • Open

    Amazon To Cut Back On Private Labels, While Walmart And Other Retailers Thrive
    Customers opt for pricing over brand names but Amazon's scaling back its private label operations even as other retailers such as Walmart and Costco continue to derive value.  ( 1 min )
    5 Lesser Known Parent Companies Of Big Luxury Brands
    Tapestry, Inc. (TPR) the parent company of brands such as Coach and Kate Spade, has acquired Capri Holdings Limited (CPRI), home to brands Versace, Jimmy Choo, and Michael Kors, in a deal worth about $8.5 billion. Here are some of the lesser known parent brands of the world's biggest luxury brands.  ( 1 min )

  • Open

    Why WeWork may be the next hot meme stock
    No content preview
    China’s Economic Woes Deepen With Housing Market Slump
    (Bloomberg) -- China’s economy is showing little sign of a rebound, with fresh stress in the property market and deflation threatening the growth outlook.Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleMaui Now Looks a Lot Less Like ParadiseHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesOfficial data on Tuesday will likely show mo  ( 35 min )
    Bond Market Sees No End to Tumult as Fed Casts a Hawkish Shadow
    (Bloomberg) -- Across Wall Street, there’s growing relief that the Federal Reserve — at long last — may be done raising interest rates. But that doesn’t mean turbulence in the bond market will soon become a thing of the past. Most Read from BloombergDavid Solomon Scrutiny Spreads From Goldman to Alma MaterMaui Now Looks a Lot Less Like ParadiseLook to the Options Market for Signs of Stock Market TroubleBankman-Fried in Custody After Bail Is Revoked Over LeaksInvestors anticipate that US Treasuri  ( 33 min )
    Nikola Recalls Most of Its Battery-Electric Trucks After Fire Probe
    Nikola is recalling about 209 of its battery-powered commercial trucks after an outside investigation indicated a defective battery part likely caused a fire in one of the trucks.  ( 27 min )
    Paul Graham calls A.I. ‘the exact opposite of a solution in search of a problem’
    A.I. "is turning out to be the missing piece in a large number of important, almost-completed puzzles," said the Y Combinator cofounder.  ( 31 min )
    From Elon Musk to Chinese tech titans, everyone wants Nvidia's GPU chips. There might not be enough to go around.
    No content preview
    How to Get a Zero Interest Home Remodeling Loan
    Learn the eligibility requirements to get an interest-free loan for home improvement projects from your county's housing agency.  ( 22 min )
    Americans can't get a break thanks to surging mortgages, food and fuel costs. Here's all the ways consumers are getting screwed.
    Just when you thought inflation is going down, the cost of food, fuel, mortgage rates and credit card debt has gone up, eating away Americans' wallets.  ( 32 min )
    Bitcoin gift cards amplifying spending power of crypto
    Consumer bitcoin provider Azteco recently announced an $84 million seed funding round led by Jack Dorsey as the company introduces Bitcoin gift cards.  ( 32 min )
    Lina Khan: The most feared person in Silicon Valley is a 34-year-old in DC
    Lina Khan is a key architect of an aggressive attempt by Washington to rein in tech giants. Amazon may be next.  ( 35 min )
    This institutional homebuyer has completely stopped buying—why the 2023 housing market has Wall Street types timid
    Yieldstreet owns around 700 homes. But it hasn't bought any homes in 2023.  ( 33 min )
    India's Adani Ports says Deloitte auditor resignation arguments not convincing
    NEW DELHI (Reuters) -India's Adani Ports on Saturday said Deloitte's reasoning to quit as auditor of the company was "not convincing or sufficient to warrant such a move" and the global firm had all the necessary information it required to conduct the process. Deloitte had decided to resign from the role amid concerns over certain related party transactions flagged in a report by U.S. short seller Hindenburg in January, but the Indian company did not wish to look into them independently, a source told Reuters on Friday. The auditor's resignation has brought fresh scrutiny of the financial management at Adani Group, led by Indian billionaire Gautam Adani.  ( 32 min )
    As Fires and Severe Weather Increase, Demand for Homeowners Insurance Rises
    As natural disasters like the fires in Maui, Hawaii, inflict more damage on homes and properties, people are looking to protect against potential losses. That means brisk business for insurers—and opportunities for investors.  ( 26 min )
    Retirees Rely on Social Security The Most in These US Cities
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    Want to Stop Working at 40? $3 Million Will Buy You This Much Retirement
    Depending on your goals and plans, $3 million can be enough to cover early retirement at 40. However, certain factors will affect whether $3 million is enough. For example, your retirement needs and life expectancy play a big role. Here's … Continue reading → The post Is $3 Million Enough to Retire at 40? appeared first on SmartAsset Blog.  ( 32 min )
    How Much Retirement Will $400k Buy Me?
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    How Long Will $1.5 Million Last Me If I Retire at 50?
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    How Much Retirement Will $3 Million Buy Me?
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    Americans are still ransacking their retirement savings
    In the second quarter, the tally of folks taking hardship withdrawals from their 401(k) was up 12% compared to the first three months of the year and leapt 36% year over year.  ( 32 min )
    How Long Will $5 Million Last Me If I Retire at 45?
    If you have $5 million saved and are thinking of retiring at 45, the good news is you can certainly do so. The bigger question is how you'll need to plan your retirement around that amount and your early retirement … Continue reading → The post Can I Retire at 45 with $5 Million? appeared first on SmartAsset Blog.  ( 33 min )
    Good News, Millennials: You Can Still Rescue Your Retirement
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    Ask an Advisor: What Conflicts of Interest Can Arise Even With a Fiduciary?
    The existence of fiduciary duty does not prevent potential conflicts of interest. Could you explain a little more about this idea? What types of conflicts could arise even with a fiduciary? – Marianne Finding a fiduciary is a great start … Continue reading → The post Ask an Advisor: What Conflicts of Interest Can Arise Even With a Fiduciary? appeared first on SmartAsset Blog.  ( 33 min )
    Ask an Advisor: I'm a 43-Year-Old Divorced Dad With $315K in an IRA, $90K in a Roth and Other Accounts. Can I Retire at 57?
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    Ask an Advisor: ‘Am I Getting Fleeced?' I'm 66, Contributing $272 Per Month to an IRA and Paying $136 Monthly in Fees. That's 50% of My Contribution
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    Earnings Beat of the Week: Wynn Resorts Capitalizes on Tourism, Spending Boom
    Casino operator Wynn Resorts (WYNN) capitalized on a surge in tourism and retail spending at its resorts in Las Vegas and Macau that boosted the company's second-quarter earnings.  ( 19 min )
    Molson Coors, Tilray search for ‘next billion-dollar idea’ in recent booze deals
    Beer, cannabis, and spirits come together as companies look to follow the consumer into the future.  ( 34 min )
    Oil Giant SLB Leads 5 Resilient Stocks Near Buy Points
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    Here's How Much Americans' 401(k) Balances Have Grown in 2023. Is Yours Keeping Pace?
    The good news for retirement savers using 401(k) plans and similar workplace retirement accounts is that the improving stock market is raising account balances. The average 401(k) is up by an average of $7,250 – a gain of 9.6% – since the end of 2022, according to a Bank of America report. The report also […] The post Here’s How Much Americans’ 401(k) Balances Have Grown in 2023. Is Yours Keeping Pace? appeared first on SmartReads by SmartAsset.  ( 33 min )
    Your Financial Advisor Will Soon Use AI on Your Portfolio
    Artificial intelligence will transform advising, and will be used for everything from constructing more efficient portfolios to answering client questions.  ( 26 min )
    The Chicago school economist who warned years ago of America’s ‘business dynamism’ fading still sees ‘something broken in the background’
    Ufuk Akcigit and Sina Ates wrote a paper in 2019 that tracked four decades of economic decline in the U.S. The problems haven't gone away.  ( 36 min )
    The Stock Market Is No Fun When Student Loan Payments Are About to Restart
    Another bucket of cold water threatens the once-hot trend of amateur day trading.  ( 26 min )
    The Scary Math Behind the World’s Safest Assets
    Washington has laid the seeds of a crisis that Wall Street can no longer ignore.  ( 25 min )
    A Pain in the Neck: Elon Musk and Tesla’s Revolving C-Suite
    The chief financial office’s move to step down is the latest example of high-level churn at the electric-vehicle company.  ( 27 min )
    ‘I have had clients in tears’: First-time buyers burned by Help to Buy
    Despite month after month of falling prices, the housing market has so far avoided the most pessimistic forecasts for a market crash.  ( 33 min )
    Inside the American bid to break France’s stranglehold on the £300bn luxury market
    Two ageing French billionaires sit atop the global luxury market: Bernard Arnault and François Pinault.  ( 34 min )
    It Makes More Sense to Rent Than Buy a Home Right Now. Here’s Why.
    Rising home values and higher mortgage rates have eroded the savings on monthly costs for many who are considering buying now.  ( 27 min )
    Shiba Inu Open Interest Tops $100M, Raises Red Flag For Bitcoin
    Investors are again pouring money into meme-focused cryptocurrency Shiba Inu (SHIB) in a sign of caution for bitcoin traders. Open interest in Binance's SHIB futures has more than doubled to $101.65 million this month, hitting the highest since Feb. 5, according to data source Coinglass. SHIB futures are sized at 1000 SHIB per contract with up to 25x leverage.  ( 30 min )
    US stocks finish the week mostly lower as July inflation data comes in mixed
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    China’s Home Buyers Are Waiting Out the Property Slump
    The wait-and-see attitude of home buyers is deepening the slump and complicating policy makers’ attempts to revive economic growth.  ( 26 min )
    How U.S. and China Are Breaking Up, in Charts
    China’s share of U.S. imports hits a 20-year low, with Mexico and Canada becoming America’s top two trade partners.  ( 27 min )
    A key signal suggests job growth could plummet in coming months amid labor strikes and bad weather
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    U.S. Senator Lummis, Crypto Lobbyists Urge Court to Dismiss SEC's Coinbase Lawsuit
    U.S. Senator Cynthia Lummis (R-Wy.), a number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase Friday.  ( 33 min )
    Nvidia and other AI stocks are slumping. 'Amara's Law' explains why.
    AI hype drove huge gains among some tech stocks in the first half of 2023. Lately, that has gone into reverse.  ( 31 min )
    Deflation Is the Latest Risk for China’s Struggling Stock Market
    (Bloomberg) -- China’s lapse into deflation is emerging as the latest risk for its struggling stock market, denting investor optimism over a much-anticipated earnings rebound. Most Read from BloombergAmerica’s Fastest Growing City Is Embracing ‘Yellowstone’ ManiaDavid Solomon Scrutiny Spreads From Goldman to Alma MaterLook to the Options Market for Signs of Stock Market TroubleMaui Now Looks a Lot Less Like ParadiseHackers Trick AI With ‘Bad Math’ to Expose Flaws and BiasesThe CSI 300 Index just  ( 32 min )
  • Open

    Credit Rating: What It Is and Why It's Important to Investors
    A credit rating is an assessment of the creditworthiness of a company or government—in general terms or with respect to a particular debt or financial obligation.  ( 27 min )
    Credit Risk: Definition, Role of Ratings, and Examples
    Credit risk is the possibility of loss due to a borrower's defaulting on a loan or not meeting contractual obligations. Learn how it works.  ( 24 min )
    With HO5 Insurance, You're in Charge
    HO5 insurance, a type of home insurance, covers everything and will put the onus on your insurance provider.  ( 24 min )
    Ripple Ecosystem: What Is The Role Of XRP?
    XRP's role in Ripple's ecosystem is confusing, causing many to quickly lose interest in its utility and invest elsewhere. Here's an explainer of its role.  ( 22 min )
    Abstract of Title: Defining This Crucial Real Estate Document
    Abstract of Title is the summarized historical legal record of a piece of property.  ( 18 min )
    What Are As-Is Home Sales?
    Homes that are being sold without necessary repairs being made first are as-is listings. There can be pros and cons to selling or buying a property this way.  ( 23 min )
    Buying vs. Renting in San Francisco: What's the Difference?
    The question of whether to buy or rent in the San Francisco Bay Area is a tough one because both options are pricey. Here we discuss how to decide.  ( 24 min )
    How to Get a Zero Interest Home Remodeling Loan
    Learn the eligibility requirements to get an interest-free loan for home improvement projects from your county's housing agency.  ( 22 min )
    Canine Liability Exclusion Definition
    A canine liability exclusion is a home insurance clause that protects the insurer against paying claims caused by dogs. Homeowners may need an add-on or separate policy.  ( 20 min )
    Reinstatement Clause in Insurance: Meaning and Examples
    A reinstatement clause is an insurance policy clause that states when coverage terms are reset after the insured files a claim.  ( 18 min )
    How Much Does It Cost to Tow a Car?
    How much it costs to have your car towed depends on whether you have auto insurance coverage, the right credit card, or a roadside assistance plan.  ( 19 min )
    Eviction: Definition and How It Works Under the Law
    Eviction is the process by which a landlord can remove a tenant from a rental property. It typically involves court proceedings but governments offer some protections.  ( 25 min )
    How to Cancel Car Insurance
    If you’re switching insurance providers, moving to another state, or selling the insured vehicle, here’s how to cancel your auto insurance policy.  ( 19 min )
    Crisis Management Coverage
    Crisis management coverage is insurance coverage designed to help a business limit the negative impact of events on the business’s reputation.  ( 18 min )
    Earnings Beat of the Week: Wynn Resorts Capitalizes on Tourism, Spending Boom
    Casino operator Wynn Resorts (WYNN) capitalized on a surge in tourism and retail spending at its resorts in Las Vegas and Macau that boosted the company's second-quarter earnings.  ( 17 min )
    Prices in China are Falling: Here's Why That's a Problem
    News this week that consumer prices in China fell 0.3% from the year before set off alarm bells because deflation can devastate economies.  ( 17 min )
    Annual Renewable Term (ART) Insurance: What it is, How it Works
    Annual Renewable Term insurance is term life insurance with a guarantee of future insurability for a set period of years on a renewable basis.  ( 20 min )
    Crossover Loss Definition
    In a reverse mortgage, a crossover loss occurs when the loan balance exceeds the property value at the time that the loan pays off.  ( 22 min )
  • Open

    NU+ | Koplopers: Zelfs monumenten kunnen groen en gasloos zijn
    In de serie Koplopers bezoekt NU.nl deze zomer duurzame projecten die ons een kijkje in de toekomst van energie, warmte en (land)bouw geven. Deze week: hoe een rijksmonument in Amsterdam groen en gasloos werd.  ( 5 min )
    Muzieklabels klagen Internet Archive aan vanwege digitale 78 toerenplaten
    Verschillende grote muziekmaatschappijen hebben de non-profitorganisatie Internet Archive aangeklaagd omdat die het auteursrecht zou hebben geschonden door duizenden oude muzieknummers en -opnames online te zetten.  ( 3 min )
    De Chinese economie kampt met deflatie, waarom is dat erg?
    Waar de prijzen in Nederland al een jaar omhoogschieten, was er in China in juli voor het eerst in meer dan twee jaar sprake van dalende prijzen. De angst voor die deflatie neemt toe. Waarom is dat een probleem?  ( 4 min )
    FTX-oprichter Bankman-Fried opnieuw in de boeien geslagen
    De van fraude verdachte oprichter van de failliete cryptobeurs FTX, Sam Bankman-Fried, is opnieuw gearresteerd. Hij was op borgtocht vrij, maar een rechter heeft de borgtocht vervroegd ingetrokken.  ( 3 min )
    Reisverzekering is veel minder groot vangnet bij Nederlandse vakantie
    Bij een vakantie in eigen land hoef je niet te vrezen voor kostbare terugvluchten of een hoge medische rekening. Daarom kun je denken dat een reisverzekering niet nodig is. Sluit je dan alleen nog een polis af voor je bagage?  ( 6 min )

  • Open

    Standard & Poor's (S&P): Provider of Indexes and Credit Ratings
    Standard & Poor's (S&P) is globally known for its variety of investable, benchmark financial indices, along with its independent credit ratings.  ( 26 min )
    Understanding Interest Rates, Inflation, and Bonds
    Get to know the relationships that determine a bond's price and its payout.  ( 27 min )
    What Is a Credit Agency? How They Work
    Credit agencies gather debt information that is used to generate a score that indicates creditworthiness.  ( 21 min )
    Retired Securities Definition and Example
    Retired securities have been repurchased by the issuer out of the company's retained earnings and canceled.  ( 19 min )
    Administrative Charge: Definition and How It Works in Insurance
    An administrative charge is charged by an insurer to cover expenses related to record keeping and/or other administrative costs.  ( 18 min )
    What Is Comprehensive Insurance and What Does It Cover?
    Comprehensive insurance is car insurance that covers damage to your car from causes other than a collision. Learn about comprehensive insurance costs.  ( 24 min )
    Top CDs Today: New High-Rate Options Join the Ranks, Including a 5.65% Jumbo CD
    Today's best CD rate is 5.75%—available from either Andrews Federal Credit Union or Sun East Federal Credit Union—with three more CDs paying 5.65% and two offering 5.60%.  ( 19 min )
    Global Oil Prices Could Keep Heading Higher, IEA Says
    Global oil prices could keep heading higher, IEA says, though its forecast for slowing demand growth could provide some relief in 2024.  ( 18 min )
    Associate in Insurance Services (AIS) Definition
    Associate in Insurance Services (AIS) is a designation earned by insurance professionals and conferred by The Institutes.  ( 18 min )
    Former FTX CEO Bankman-Fried Has Bail Revoked, Heads To Jail
    Former FTX CEO Sam Bankman-Fried had his bail revoked and was sent to jail ahead of his October criminal trial for alleged witness tampering.  ( 18 min )
    Consumer Price Index (CPI) Explained: What It Is and How It's Used
    The Consumer Price Index (CPI) measures change over time in the prices paid by consumers for a representative basket of goods and services.  ( 33 min )
    S&P 500 Gains and Losses Today: News Corp Shares Jump on Profit Beat and AI Plans
    U.S. equities were mixed, with the S&P 500 losing 0.1% on Friday, Aug. 11, 2023, after a higher-than-expected rise in producer prices.  ( 16 min )
    Occidental Petroleum Shares Climb After Winning DOE Grant for Carbon Capture Project
    Shares of Occidental Petroleum advanced after the U.S. Department of Energy chose the energy company to receive hundreds of millions of dollars in grants for a carbon capture project.  ( 17 min )
    Inflation: What It Is, How It Can Be Controlled, and Extreme Examples
    Inflation is a decrease in the purchasing power of money, reflected in a general increase in the prices of goods and services in an economy.  ( 38 min )
    When You Can’t Get a Reverse Mortgage
    Reverse mortgages can provide income for retirement. Learn what can make you ineligible for one and what some of the alternatives are.  ( 22 min )
    News Corp Shares Rise After Profit Beat on Cost Cuts and Says It Anticipates AI Gains
    News Corp shares climbed after the company posted better-than-expected results on cost-cutting moves, and said artificial intelligence would help boost future results.  ( 18 min )
    5 Ways Small Businesses Are at a Disadvantage
    Small businesses can be nimble and innovative, but larger companies have name recognition, can raise capital, and have other advantages that are hard to beat.  ( 19 min )
    Surplus Lines Insurance: What It Is, How It Works, Uses, and Types
    Surplus lines insurance policies offer coverage for risks that regular insurance companies don’t want to take on.  ( 21 min )
    Single-Premium Life Insurance: What it is, How it Works, FAQ
    Single-premium life insurance charges the policyholder just one lump-sum premium payment to guarantee the death benefit.  ( 21 min )
    Nearly One in 10 U.S. Homes Is Now Worth A Million Dollars as the Housing Market Recovers
    A shortage of homes for sale boosted housing values in June to a record $46.8 trillion, surpassing last year's previous all-time high of $46.6 trillion. In more affordable markets, the typical home still sells for below the national median of $426,056.  ( 18 min )
    SEC Delays Decision on ARK Invest's Bitcoin ETF To Gather More Public Comments
    The SEC has announced they have delayed a decision on ARK Invest's bitcoin ETF application in an effort to gather more comments from the public.  ( 17 min )
    Net Premiums Written: What it is, How it Works
    Net premiums written is the sum of premiums written by an insurance company over time, minus premiums ceded to reinsurance, plus any reinsurance assumed.  ( 19 min )
    Capital Stock Insurance Company Definition
    A capital stock insurance company is an insurer that gets capital from stockholder contributions, in addition to other reserve or surplus accounts.  ( 19 min )
    Despite Increased Travel Demand Price to Fly Is Falling
    Flying in the U.S. is now 10% lower than pre-pandemic prices and air travel demand is up 12% from the same time last year.  ( 17 min )
    How to Calculate MPC: Marginal Propensity to Consume
    Marginal propensity to consume (MPC) is how much more individuals will spend for each additional dollar earned. Here's how to calculate MPC.  ( 24 min )
    Learn Some Limitations of the Consumer Price Index
    Despite being followed so relentlessly, the consumer price index (CPI) has its limitations and is an imperfect measure of inflation and the cost of living.  ( 23 min )
    Valuation Period Definition
    The valuation period is the time period during which value is determined for variable investment options.  ( 21 min )
    How Microeconomics Affects Everyday Life: Renting an Apartment
    Here’s a look into the importance of microeconomics and how individuals use this theory in the case of leasing an apartment from a landlord.  ( 21 min )
    Maxeon Cuts Guidance as Demand for Solar Products Weakens, Sending Shares Lower
    Shares of Maxeon Solar Technologies plunged after the company reduced its outlook because of a decline in demand for solar products.  ( 17 min )
    Markets Mixed at Midday as Wholesale Inflation Rises More Than Anticipated
    Markets were mixed at midday on Friday, Aug. 11, 2023 after the Labor Department's latest report on wholesale inflation showed producer prices rose more than expected last month.  ( 17 min )
    Kazakhstan Tenge (KZT) Definition
    KZT is an abbreviation for the Kazakhstan tenge (KZT), the currency of Kazakhstan.  ( 18 min )
    How to Tell If a Real Estate Agent Is Lying
    Find out what real estate agents are likely to lie about, the reasons for the lies, and how to protect yourself from unscrupulous agents.  ( 20 min )
    Consumer Confidence Softens in August Amid Rising Gas Prices
    The University of Michigan's Consumer Sentiment Index fell 0.6% to 71.2 in August from 71.6 in July.  ( 18 min )
    Consumer Price Index for All Urban Consumers (CPI-U)
    The Consumer Price Index For All Urban Consumers measures monthly change in U.S. consumer prices.  ( 23 min )
    Flat Dollar
    A flat dollar is a fixed dollar amount charged for transactions, as opposed to an amount based upon a percentage of the transaction.  ( 18 min )
    Bankrupt Crypto Exchange Bittrex To Pay $24 Million To Settle With The SEC
    Crypto trading platform Bittrex, that shuttered its U.S. operations earlier this year, will pay $24 million to settle SEC charges for running an unlicensed exchange, broker, and clearing agency.  ( 19 min )
    UBS Terminates $10B Government Aid For Credit Suisse Deal
    Swiss megabank UBS has agreed to voluntarily end a $10 billion backstop used to cover potential losses from its merger with Credit Suisse.  ( 17 min )
    The U.S. vs. Canada: Maternity Leave Differences
    The Family and Medical Leave Act is sparse and makes the U.S. one of the only countries that has no mandated form of paid leave for new parents.  ( 25 min )
    Cano Health Warns it May Not Be Able to Stay in Business, Looks for Buyer
    Cano Health shares plummeted to an all-time low after the health care provider for seniors warned it may not be able to continue operations and is looking for a buyer as revenue sank and expenses rose.  ( 17 min )
    Alphabet's Waymo and GM's Cruise Win Approval to Expand Robotaxi Services in San Francisco
    Alphabet's Waymo and General Motor's Cruise received regulatory approval to expand their robotaxi services to offer driverless ride-hailing services 24/7 across San Francisco.  ( 17 min )
    Flying Taxi Maker Archer Settles Boeing Lawsuit, Secures $215M in Funding
    Archer Aviation will team up with Boeing for autonomous flying technology after ending litigation, as the startup prepares to grow with an FAA nod for test flights and another $215 million in funds from investors.  ( 18 min )
    30-Year Mortgage Rates Drop to Two-Week Low
    Mortgage rates dropped across every loan type except jumbo loans, with the 30-year average now down to a two-week low after dropping about a quarter point over the past week.  ( 20 min )
    3 Degrees of Price Discrimination
    Price discrimination is the strategy of a business or seller charging different prices to different customers for the same product or service. There are three ways businesses can do it.  ( 23 min )
    Strong Dollar: Advantages and Disadvantages
    While a strong U.S. dollar benefits some, it negatively impacts others. These are the advantages and disadvantages of a strong U.S. dollar, and who gains and loses.  ( 22 min )
    Why Are the Factors of Production Important to Economic Growth?
    The factors of production are the resources used in creating and producing a good or service and are the building blocks of an economy. Learn why they're important.  ( 23 min )
    Here’s how the Shell Fuel Rewards Card works, including features, current interest rates, and fees.
    Here is how the Shell Fuel Rewards Card works including where and how to apply, where it can be used, interest rates and fees charged, and the rewards and benefits involved.  ( 22 min )
    How Does the Law of Supply and Demand Affect Prices?
    Learn how the law of supply and demand affects prices, whether supply remains the same and demand increases or vice-versa, plus the exceptions to the rule.  ( 24 min )
    5 Things to Know Before Markets Open
    The latest Producer Price Index tracking wholesale inflation is expected to show prices ticked higher for July, and Google and GM get authority to operate self-driving taxis in San Francisco. Here’s what investors need to know today.  ( 17 min )
    Elasticity vs. Inelasticity of Demand: What's the Difference?
    Elasticity and Inelasticity of demand are the degrees to which demand changes in response to price changes, income levels, and substitution.  ( 24 min )
    The Cost of Studying at New York University (NYU)
    The costs of attending NYU—including paying NYU’s tuition bills—are above average, even for private universities. But research shows it's a wise investment.  ( 24 min )
    Unit Linked Insurance Plan: What It Is, How It Works
    A unit linked insurance plan (ULIP) is an investment product that provides insurance payout benefits.  ( 23 min )
    International Institute for Management Development (IMD)
    The International Institute for Management Development is one of the top graduate business schools in the world, located in Lausanne, Switzerland.  ( 22 min )
  • Open

    The Stock Market Is Falling. Why It’s Time to Get Happy.
    As stocks sink into an August malaise, it’s time to think about what could go right for investors.  ( 26 min )
    AMC Entertainment’s Stock Plan Approved by Judge
    Shares of movie-theater chain sink late Friday as settlement clears plan to issue more shares, raise capital.  ( 25 min )
    The Stock Market Had Another Tough Week. It’s August.
    Stocks rose, fell, rose and fell, ultimately finishing lower this past week. Tech feels the pain.  ( 26 min )
    Buy GM and Wayfair Stock. Analysts Make the Case.
    Wayfair looks headed for accelerated gains in sales and profits.Plus, insights on Petrobras, UPS, and Six Flags.  ( 26 min )
    Listen to Main Street, Not Wall Street, When It Comes to Inflation
    Consumers are still feeling the pinch of higher prices, despite data showing moderating inflation. Bottom line: Don’t count on Fed rate cuts in 2024.  ( 26 min )
    Buy tech stocks now as solid 2nd-quarter earnings will power a 15% rally into year-end, Wedbush says
    "Rome was not built in a day, and neither will the AI ecosystem but this build out is unlike anything we have seen since the Internet in 1995."  ( 31 min )
    Ex-Goldman CEO Lloyd Blankfein phoned his successor to complain after taking a $50 million hit on the bank's stock - and even offered to rejoin the firm, report says
    Lloyd Blankfein called his successor as Goldman's CEO, David Solomon, to complain about the bank's slumping stock and offer to help out, report says.  ( 32 min )
    Odds & Ends: ARK Spot Bitcoin ETF Delayed
    Plus, the SEC fined Wells Fargo and others for not keeping records of business communications.  ( 30 min )
    Exxon Awarded $77 Million in Claim Against Venezuela
    (Bloomberg) -- The World Bank arbitration court awarded $77 million to Exxon Mobil Corp. in a resubmitted claim worth $1.4 billion over the nationalization of Venezuela’s Cerro Negro and La Ceiba crude projects in 2007.Most Read from BloombergDavid Solomon Scrutiny Spreads From Goldman to Alma MaterMaui Now Looks a Lot Less Like ParadiseBankman-Fried in Custody After Bail Is Revoked Over LeaksJeff Bezos Buys $68 Million Home on Florida’s Exclusive Indian Creek IslandThe award is the result of a  ( 32 min )
    Stock Market Action Plan: Walmart, Target, Home Depot Lead Crucial Week For Retail
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    This Is a ‘Bear Steepener’ Bond Market. Why Investors Should Be Concerned.
    10-year Treasury yields are rising faster than two-year yields for one of two reasons. Determining the right one will make all the difference.  ( 26 min )
    GQG Partners adds Nvidia, Amazon, Apple in Q2
    Australia-listed investment firm GQG Partners added more shares of Nvidia Corp in the second quarter, ending June with $5.9 billion invested in the chipmaker, according to regulatory filings on Friday. Shares in Nvidia are up roughly 180% year to date and reached $1 trillion in market capitalization, amid excitement over advancements in artificial intelligence. In the beginning of June, Chief Investment Officer Rajiv Jain told Reuters he had been meaningfully increasing the firm's position in Nvidia, as he believed the stock had room for more gains.  ( 31 min )
    NextEra Offers a Smart Bet on Green Energy and a Rising Payout
    NextEra Energy owns the largest renewables business in the U.S., and the biggest utility. The stock’s selloff offers an opportunity.  ( 26 min )
    Shein's mounting ethical concerns may push some Gen Z to shop elsewhere
    The fast-fashion company now rivals H&M and Zara, but questions over its labor practices are increasingly taking the spotlight.  ( 34 min )
    AMC Stock Tumbles After ‘APE’ Conversion Approved by Court
    A long awaited plan to convert preferred equity units into AMC's common stock was approved in Delaware court, sending shares down in late trading Friday.  ( 26 min )
    Dow Jones Futures: Market Rally Not Broken, But Nvidia, Tesla Flash Sell Signals
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    Top CDs Today: New High-Rate Options Join the Ranks, Including a 5.65% Jumbo CD
    Today's best CD rate is 5.75%—available from either Andrews Federal Credit Union or Sun East Federal Credit Union—with three more CDs paying 5.65% and two offering 5.60%.  ( 21 min )
    Oil Prices Notch a 7-Week Winning Streak. Here’s Why.
    Oil prices are heading to a record again, and it’s increasingly clear the gains are no fluke. Demand hit a record in June and is on track to stay at high levels for the rest of the year.  ( 27 min )
    Why We Didn't Wait Long To Exit PANW Stock
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    AMC’s Revised Stock Conversion Plan Is Approved by Court
    (Bloomberg) -- AMC Entertainment Holdings Inc. won court approval of a stock conversion plan that had spurred a shareholder lawsuit and cast a cloud over the movie theater chain’s efforts to secure new financing.Most Read from BloombergBiden Fears China Economy Is ‘Ticking Time Bomb’Jeff Bezos Buys $68 Million Home on Florida’s Exclusive Indian Creek IslandRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Now Looks a Lot Less Like ParadiseConsulting Firms Are Paying Undergrads $2  ( 33 min )
    Global Oil Prices Could Keep Heading Higher, IEA Says
    Global oil prices could keep heading higher, IEA says, though its forecast for slowing demand growth could provide some relief in 2024.  ( 19 min )
    UPDATE 1-AMC Entertainment receives court approval for revised stockholder settlement
    AMC Entertainment's revised stockholder settlement was approved by a Delaware judge on Friday, according to a court filing, three weeks after the judge rejected a related deal. Under the approved class action settlement, cinema operator AMC will provide stock worth an estimated $129 million to holders of its common stock to settle potential legal claims related to a stock conversion plan. The approved class settlement did not allow shareholders to opt out and binds them to the agreement.  ( 31 min )
    AMC Entertainment gets approval for revised investor settlement, preferred stock soars
    WILMINGTON, Delaware (Reuters) -AMC Entertainment's revised stockholder settlement was approved by a Delaware judge on Friday, according to a court filing, three weeks after the judge rejected a related deal. Under the approved class action settlement, cinema operator AMC will provide stock worth an estimated $129 million to holders of its common stock to settle potential legal claims related to a stock conversion plan. The approved class settlement did not allow shareholders to opt out and binds them to the agreement.  ( 31 min )
    Amazon wants to ship your orders without a box. Shoppers worry it will boost package theft, but psychology shows it could actually deter it
    Research shows that the amount of dopamine released in response to a reward is increased when the reward is unpredictable.  ( 33 min )
    A real estate billionaire said Fridays are ‘dead forever’ for offices and remote work guru Nick Bloom says he’s right—it’s part of a new 3-part week
    “Friday is increasingly winning out in the WFH stakes,” the WFH Research cofounder tells Fortune.  ( 32 min )
    Look to the Options Market for Signs of Stock Market Trouble
    (Bloomberg) -- Deep within the underbelly of the options world lies a threat to the stock-market calm that’s prevailed all year. Most Read from BloombergMaui Now Looks a Lot Less Like ParadiseJeff Bezos Buys $68 Million Home on Florida’s Exclusive Indian Creek IslandBankman-Fried in Custody After Bail Is Revoked Over LeaksDavid Solomon Scrutiny Spreads From Goldman to Alma MaterWhile benchmark indexes just limped to one of their smallest weekly changes of 2023, intraday moves tell a different st  ( 34 min )
    Nasdaq slips, Dow rises as Wall Street weighs inflation data: Stock market news today
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    Maui Wildfires Could Hit Tourism Industry Hard. Some Stocks to Watch.
    The biggest question for the island’s companies—and broader economy— will be how long tourists might stay away.  ( 27 min )
    As mass layoffs loom, GKN Aerospace battles with Boeing in court
    A United Kingdom-based investment firm and seven entities of GKN Aerospace have asked the Missouri Supreme Court to dismiss them from a lawsuit that The Boeing Co. filed, arguing they are not subject to state law because they aren’t incorporated here.  ( 13 min )
    Apple has plowed over $500 billion into stock buybacks since 2012 — more than Visa, JPMorgan, or Exxon are worth
    Only eight companies in the S&P 500 have larger market values than Apple's outlay on share repurchases over the last decade.  ( 32 min )
    Nikola stock slides into reverse after share count doubled
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    Bill Gross Says 10-Year Treasuries Are ‘Overvalued’
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    Bonds are no longer the safe option
    In 2023, US equities have wiped the floor relative to the government IOUs  ( 6 min )
    Why Moody's put Truist on watch for a potential credit downgrade
    Truist's shares slid earlier this week following Moody's decision to review the bank for a potential downgrade. But as of Friday, its stock had started to make a comeback.  ( 11 min )
    Insiders Buy the Dip in These 2 Beaten-Down Stocks, Analysts Say They Could Be Ready to Bounce Back — Here’s Why You Should Pay Attention
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    A pharma company helping Elon Musk shed weight is now worth more than the entire economy of Denmark
    The weight-loss and diabetes injectables have seen a surge in demand primarily in the U.S., buoying Novo Nordisk’s profits in the first half of 2023.  ( 33 min )
    Analyst Report: Xylem Inc
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    Analyst Report: Enterprise Prods Pntr L
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    Lesser-Known Treasury Yield Is on Brink of Historic Breakthrough
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    Nasdaq slips, Dow up after more inflation data shows pickup: Stock market news today
    Stocks traded mixed Friday as investors continued to weigh the impact of inflation.  ( 31 min )
    Market Update: EPD, NJR, WWW, XYL, DD, ETSY
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    Toyota recalls roughly 168,000 vehicles over fire risk
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    Chinese electric car giant declares war on Western rivals
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    Flying-Car Dispute Ends as Boeing Bets Bigger on eVTOL
    Thursday, Boeing and Archer Aviation settled litigation. Boeing even took a stake in the flying car start-up. Archer shares surged initially but gave back some early gains.  ( 26 min )
    Buy Rivian Stock, Sell Lucid, Says Broker. Both Stocks Are Down.
    Electric-vehicle makers Lucid Group and Rivian have similar market values. That doesn't make a lot of sense for European firm Exane BNP Paribas.  ( 26 min )
    Investors brace for turbulence as Fed balance sheet shrinks by $1tn
    Central bank will continue shedding Treasuries at a time of significant US government borrowing  ( 6 min )
    Cano Health Warns it May Not Be Able to Stay in Business, Looks for Buyer
    Cano Health shares plummeted to an all-time low after the health care provider for seniors warned it may not be able to continue operations and is looking for a buyer as revenue sank and expenses rose.  ( 17 min )
    Comcast Keeps Losing Cable Subscribers. Why That Makes the Stock More of a Buy.
    Comcast’s broadband network is crucial to the future of technology. Even so, its stock is cheap compared with buzzier names like Netflix, Nvidia, and Meta Platforms.  ( 26 min )
    Rivian Seems To Have Resolved Its Biggest Money-Draining Issues
    On Tuesday, Rivian Automotive Inc (NASDAQ: RIVN) posted its second quarter results. The Amazon.com Inc (NASDAQ: AMZN)-backed EV maker posted a narrower than expected loss while lifting its production guidance. Rivian shares initially went up nearly 3% after the report, but its stock has soared 80% over the past 90 days as it continues to enjoy growing demand for its electric pickup and sport utility vehicle despite raised borrowing cost. While its EV rivals burn cash to ramp up production and fo  ( 32 min )
    Cash-poor transportation startups gambling for fresh capital
    Moves similar to blackjack tactics describe how cash-poor transportation startups are grasping for new capital. The post Cash-poor transportation startups gambling for fresh capital appeared first on FreightWaves.  ( 35 min )
    Disappointing Earnings Just Trashed These 3 REITs: What Should Investors Do?
    It's always risky for an investor to buy or sell shares of a stock right before an earnings report because nobody can predict with 100% accuracy how a company will perform, nor is it possible to gauge how Wall Street will react to the news. When a company misses the earnings estimate, sometimes it gets shrugged off if the revenue beats the estimates. Other times the earnings may beat the estimates, but the revenue falls short of expectations and that precipitates a sell-off in share price. Anoth  ( 34 min )
    Market Rally On The Ropes, AI Stocks Tumble: Weekly Review
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    Lawsuit claiming HP all-in-one printers are defective can proceed
    Customers in the proposed class action said HP concealed how its printers enter an "error state" when low on ink, disabling scanning and faxing functions that do not require ink, and forcing them to buy unnecessary, high-margin ink cartridges. U.S. District Judge Beth Labson Freeman in a decision on Thursday found sufficient allegations that HP knew about the defect, citing a message board post where a support agent told a customer that his printer "will not function" without ink.  ( 31 min )
    Stocks mixed as fresh inflation data shows more pickup: Stock market news today
    Stocks traded mixed Friday as investors continued to weigh the impact of inflation.  ( 31 min )
    Own a Piece of First Republic History: The Corporate Jet Is for Sale
    For anyone in the market for a corporate jet, federal regulators have just the thing for you. The Federal Deposit Insurance Corp. is selling a “spectacular” corporate jet that can accommodate 13 passengers, complete with leather seatin  ( 23 min )
    Trucking Company Yellow Is Having an Odd Bankruptcy With New Loan Offers Pouring In
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    Chrysler owner calls for focus on reality in UAW labor talks
    (Reuters) -Chrysler parent Stellantis sharply criticized the demands of the United Auto Workers (UAW) union on Friday, saying they need "a focus on reality from everyone involved." Stellantis North America Chief Operating Officer Mark Stewart said in a letter to employees seen by Reuters the automaker is "committed to working with the UAW to reach an agreement based on economic realism." A UAW spokesman declined immediate comment on Stewart's letter, but earlier this week UAW President Shawn Fain called the Stellantis proposals "trash" and tossed a copy of them in a waste basket in live streamed remarks.  ( 31 min )
    Ask an Advisor: I've Heard About the Benefits of a Bond Ladder Strategy. What Are the Downsides?
    A financial advisor told me the pros of building a two-part bond ladder (three-year Treasurys and 10-year corporates) to generate fixed income and cover required minimum distributions (RMDs). What are the cons? -Ken When used in the right circumstances and … Continue reading → The post Ask an Advisor: I've Heard About the Benefits of a Bond Ladder Strategy. What Are the Downsides? appeared first on SmartAsset Blog.  ( 32 min )
    Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project?
    I am 65 and at the absolute peak of my earnings. I'm also in the 35% tax bracket and am not looking to retire soon. I need $30,000 for a home project. I have enough to take it out of … Continue reading → The post Ask An Advisor: I'm 65, Earning at My ‘Absolute Peak' and Won't Retire Soon. Should I Use My Roth IRA for a $30K Home Improvement Project? appeared first on SmartAsset Blog.  ( 34 min )
    Twilio upgraded, Sealed Air downgraded: Wall Street's top analyst calls
    Twilio upgraded, Sealed Air downgraded: Wall Street's top analyst calls  ( 34 min )
    Stocks slide as fresh inflation data shows more pickup: Stock market news today
    Stock futures traded lower Friday, as investors continued to weigh the impact of inflation.  ( 31 min )
    Strike Fear Is a Reason to Buy Ford, GM Stocks, Not Sell Them
    The Detroit Big Three car companies are in talks with the UAW over a contract deal that would replace one that expires in September.  ( 27 min )
    Tech Pullback Will Be Short-Lived, Analyst Says. AI Will Drive Nvidia, Microsoft, Apple.
    Wedbush analyst Daniel Ives, a longtime tech bull, sticks with his call for a 12% to 15% gain in the Nasdaq, despite a recent dip in performance.  ( 26 min )
    Look Beyond Bud Light’s U.S. Boycott. The Rest of the World Is Buying AB InBev.
    American investors shouldn't be surprised by Anheuser-Busch InBev's strong second quarter. They need to look beyond the U.S. boycott of Bud Light.  ( 26 min )
    Cano Health Stock Dives 49% After Warning About Its Future. It’s Looking for Buyers.
    Citi analysts downgrade the company's shares to Neutral from Buy, citing many challenges for the primary-care provider.  ( 26 min )
    Dow Jones Futures Extend Losses On Hot Inflation Data; 6 Best Stocks To Buy And Watch
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    Stocks slip as fresh inflation data shows more pickup: Stock market news today
    Stock futures traded lower Friday, as investors continued to weigh the impact of inflation.  ( 31 min )
    Cathie Wood Sells Tesla As Musk Vs. Zuckerberg Goes Gladiator
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    Weekly Market Wrap: Can Bitcoin close the week above US$29,300?
    Bitcoin briefly rose above US$30,000 twice this week, but failed to remain the support level despite positive catalysts in the industry like the launch of PayPal’s new stablecoin. Bitcoin will have to close the week above US$29,300 for upward momentum, industry experts told Forkast.  ( 33 min )
    Dow Jones Futures: Inflation Data Due After Market Rebound Fizzles; China Stocks Slide
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    AMC names Copaken to lead the theater chain giant’s marketing
    A #KansasCity executive with a familiar name will lead #AMCTheatres marketing efforts.  ( 10 min )
    Millennials Hit The Jackpot On 10 Stocks — Nvidia Is Just One
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    Technical Assessment: Neutral in the Intermediate-Term
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    Analyst Report: Herbalife Nutrition Ltd
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    Analyst Report: Danaher Corp.
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    Analyst Report: Hershey Company
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    5 Things to Know Before Markets Open
    The latest Producer Price Index tracking wholesale inflation is expected to show prices ticked higher for July, and Google and GM get authority to operate self-driving taxis in San Francisco. Here’s what investors need to know today.  ( 17 min )
    Market Digest: ADTN, DHR, HLF, HSY, WYNN, TWLO
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    Daily – Vickers Top Insider Picks for 08/11/2023
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    Daily – Vickers Top Buyers & Sellers for 08/11/2023
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    Stocks trade muted in wait for fresh inflation data: Stock market news today
    Stock futures wavered around the flatline on Friday, as markets waited for fresh inflation data to provide insight into the Fed's next move.  ( 32 min )
    BYD calls on China automakers to unite, 'demolish the old' in global push
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    Rising oil prices are about to become a problem for the stock market: Morning Brief
    While investors may be cheering a benign report, there are signs that the volatile energy components are inflecting again.  ( 32 min )
    Here’s What a $5 Million Retirement Looks Like in America
    Retirees open up about their financial lives and how they spend their time and money.  ( 23 min )
    Alphabet’s $118 Billion Cash Pile Poses a New Problem
    (Bloomberg) -- Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly expanding pile of cash. Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Fires Show Climate Change’s Ugly ReachBiden Fears China Is ‘Ticking Time Bomb' Posing Danger to WorldFirst American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidate Assassinated, Suspect Shot DeadThe Google owner generated nearly $2  ( 33 min )
    Alphabet, GM Get Green Light for Robotaxis in San Francisco. It’s a Big Tech Win in California.
    The California Public Utilities Commission voted to allow GM's Cruise and Google's Waymo to offer paid rides in driverless vehicles across the city at all hours of the day with an unlimited number of vehicles.  ( 26 min )
    Stock Futures Edge Lower as Investors Weigh the Fed’s Next Move
    U.S. stock futures edged lower Friday as investors continued to digest July’s CPI data, while looking ahead to wholesale price inflation data Friday. Dow Jones Industrial Average futures fell 30 points, or 0.1%, S&P 500 futures were down 0.2% and Nasdaq 100 futures declined 0.3%. All three indexes  ( 13 min )
    UBS Sheds Swiss Government Aid for Credit Suisse Takeover
    The Swiss bank says it no longer needs a $10 billion backstop or liquidity lines.  ( 27 min )
    BofA Says Investors Flock to Cash; Treasuries Track Record Flows
    (Bloomberg) -- Investors piled into cash and bonds while pulling money out of the US stock market in recent days, according to Bank of America Corp. strategists.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Fires Show Climate Change’s Ugly ReachFirst American City to Tame Inflation Owes Its Success to Affordable HousingBiden Fears China Is ‘Ticking Time Bomb' Posing Danger to WorldEcuador Presidential Candidate Assassinated, Suspect Shot DeadCash funds  ( 31 min )
    European Stocks Drop as China, Fed Talk Sour Mood: Markets Wrap
    (Bloomberg) -- Declines for Chinese technology companies weighed on Asian equities while US futures edged higher and the dollar clung to a Thursday rally.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Maui Fires Show Climate Change’s Ugly ReachFirst American City to Tame Inflation Owes Its Success to Affordable HousingEcuador Presidential Candidate Assassinated, Suspect Shot DeadDave Portnoy Paid Just $1 to Buy Barstool Sports BackMainland China and Hong Kon  ( 33 min )
    Matrixport's Bitcoin Greed and Fear Index Indicates Upswing Ahead
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    ChatGPT fever spreads to US workplace, sounding alarm for some
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    The Fed may be done hiking rates but there's another policy move that still poses a big risk to stocks
    "When [Fed] reserves have been declining by more than $38 billion over the past four weeks, stocks have struggled," Ned Davis Research said.  ( 31 min )
    Gold stays near 1-month lows as US dollar, yields hold ground
    (Reuters) -Gold prices held near one-month lows on Friday, shrugging off cooler-than-expected U.S. inflation figures for last month, with bullion staying on course to wrap up its worst week in seven as the U.S. dollar and bond yields stood strong. Spot gold edged 0.1% higher to $1,913.95 per ounce by 0347 GMT, but traded near its lowest level since July 7 touched earlier in the day. Gold gained as much as 0.8% on Thursday after data showed the U.S. consumer price index (CPI) climbed 3.2% on an annual basis, but was less than the Reuters poll forecast of 3.3%, raising bets that the U.S. central bank will unlikely hike interest rates again in 2023.  ( 31 min )
    Down More Than 50%: These 2 ‘Strong Buy’ Stocks Are Too Cheap to Ignore
    Who doesn’t love a bargain? Buying quality for a low price is one of the thrills of the market system – and that applies to stock markets as well. The trick is knowing which rock-bottom stocks are the right ones to buy. Plenty of stocks are priced low, and bargain-hunting investors need to find the ones whose fundamentals are sound. The sheer volume of stocks, and the reams of data they produce, makes that difficult – but Wall Street analysts make their living by taking deep dives behind the sce  ( 34 min )
    Full-time UPS drivers will earn $170,000 a year, on average, in new contract, CEO says
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    Russia says it will halt foreign currency purchases and launch a digital ruble to keep the currency from spiraling further
    Russia's currency has plunged to its lowest level against the dollar since the Ukraine invasion, blowing past the Kremlin's "comfort zone."  ( 31 min )
  • Open

    Global Oil Prices Could Keep Heading Higher, IEA Says
    Global oil prices could keep heading higher, IEA says, though its forecast for slowing demand growth could provide some relief in 2024.  ( 1 min )
    S&P 500 Gains and Losses Today: News Corp Shares Jump on Profit Beat and AI Plans
    U.S. equities were mixed, with the S&P 500 losing 0.1% on Friday, Aug. 11, 2023, after a higher-than-expected rise in producer prices.  ( 1 min )
    Markets Mixed at Midday as Wholesale Inflation Rises More Than Anticipated
    Markets were mixed at midday on Friday, Aug. 11, 2023 after the Labor Department's latest report on wholesale inflation showed producer prices rose more than expected last month.  ( 1 min )
    5 Things to Know Before Markets Open
    The latest Producer Price Index tracking wholesale inflation is expected to show prices ticked higher for July, and Google and GM get authority to operate self-driving taxis in San Francisco. Here’s what investors need to know today.  ( 1 min )
  • Open

    Occidental Petroleum Shares Climb After Winning DOE Grant for Carbon Capture Project
    Shares of Occidental Petroleum advanced after the U.S. Department of Energy chose the energy company to receive hundreds of millions of dollars in grants for a carbon capture project.  ( 1 min )
    Alphabet's Waymo and GM's Cruise Win Approval to Expand Robotaxi Services in San Francisco
    Alphabet's Waymo and General Motor's Cruise received regulatory approval to expand their robotaxi services to offer driverless ride-hailing services 24/7 across San Francisco.  ( 1 min )
    Flying Taxi Maker Archer Settles Boeing Lawsuit, Secures $215M in Funding
    Archer Aviation will team up with Boeing for autonomous flying technology after ending litigation, as the startup prepares to grow with an FAA nod for test flights and another $215 million in funds from investors.  ( 1 min )
    UBS Terminates $10B Government Aid For Credit Suisse Deal
    Swiss megabank UBS has agreed to voluntarily end a $10 billion backstop used to cover potential losses from its merger with Credit Suisse.  ( 1 min )
    Cano Health Warns it May Not Be Able to Stay in Business, Looks for Buyer
    Cano Health shares plummeted to an all-time low after the health care provider for seniors warned it may not be able to continue operations and is looking for a buyer as revenue sank and expenses rose.  ( 1 min )
  • Open

    Schuldzaken tegen Big Bazar nemen toe
    Het aantal schuldzaken tegen discounter Big Bazar neemt toe. Directeur Joost Konings van Invorderingsbedrijf Amsterdam meldt dat er inmiddels tien lopende dossiers in behandeling zijn. De totale vorderingen tegen Big Bazar gaan richting de 430.000 euro.  ( 3 min )
    Na Unilever en Bonduelle ook Bacardi op Oekraïense lijst van oorlogssponsors
    Drankenproducent Bacardi staat op een Oekraïense lijst van zogenoemde oorlogssponsors, waarmee Oekraïners aandacht vragen voor bedrijven die zakendoen in Rusland. Het agentschap achter de lijst stelt dat Bacardi misbruik maakt van het vertrek van concurrenten.  ( 3 min )
    Rusland verdient meer aan olie vanwege hogere prijzen
    Rusland heeft afgelopen maand meer verdiend met de export van olie doordat Moskou de prijzen heeft verhoogd.  ( 3 min )
    Britse economie groeit verrassend, maar blijft achter bij andere landen
    De economie van het Verenigd Koninkrijk is het afgelopen kwartaal onverwachts 0,2 procent gegroeid. Het is de grootste groei in meer dan een jaar.  ( 3 min )
    Britse economie groeit, maar blijft achter bij andere landen
    De economie van het Verenigd Koninkrijk groeide onverwachts 0,2 procent in het afgelopen kwartaal, laat het nationale Britse statistiekbureau weten. Dat is de grootste groei in meer dan een jaar.  ( 3 min )
    Nederlands internetknooppunt verlaagt stroomgebruik datacenter met 85 procent
    Het Nederlandse internetknooppunt AMS IX heeft het stroomverbruik van een van de datacenters met 85 procent weten te verlagen. Voorheen verbruikte de locatie evenveel stroom als 185 huishoudens. Dankzij nieuwe apparatuur is dat nu evenveel als 29 woningen.  ( 3 min )
    Internetknooppunt AMS-IX verlaagt stroomgebruik datacenter met liefst 85 procent
    Het Nederlandse internetknooppunt AMS IX heeft het stroomverbruik van een van de datacenters met 85 procent weten te verlagen. Voorheen verbruikte de locatie evenveel stroom als 185 huishoudens. Dankzij nieuwe apparatuur is dat nu evenveel als 29 woningen.  ( 4 min )
    De Volksbank riskeert boete omdat ze niet genoeg doet tegen witwassen
    De Volksbank, het moederbedrijf van de ASN Bank, RegioBank en SNS, kan een boete van De Nederlandsche Bank verwachten omdat ze niet genoeg doet om witwassen en financiering van terrorisme tegen te gaan.  ( 4 min )
    X (Twitter) zet met videobellen en geld overmaken eerste stap naar allesapp
    Eigenaar Elon Musk wil van Twitter (inmiddels bekend als X) een allesapp gaan maken. Daarom kunnen gebruikers binnenkort videobellen en geld naar elkaar overmaken.  ( 4 min )
    Aantal faillissementen nam in juli weer af na maanden van stijging
    Het aantal faillissementen is in juli afgenomen, nadat het aantal zaken dat over de kop ging in de drie maanden daarvoor alleen maar was gestegen.  ( 3 min )
    De Volksbank krijgt boete omdat ze niet genoeg doet tegen witwassen
    De Volksbank, het moederbedrijf van de ASN Bank, RegioBank en SNS, kan een boete van De Nederlandsche Bank verwachten omdat ze niet genoeg doet om witwassen en financiering van terrorisme tegen te gaan.  ( 3 min )
    Aantal faillissementen neemt in juli weer af
    Het aantal faillissementen is in juli afgenomen, nadat het aantal zaken dat over de kop ging de afgelopen drie maanden alleen maar steeg. Dat meldt statistiekbureau CBS.  ( 3 min )
    NU+ | Magere spaarrente terwijl banken megawinsten boeken? Zo krijg je meer
    Sparen bij grote Nederlandse banken is nog lang geen vetpot. Rentes kruipen omhoog, terwijl die banken megawinsten boeken. Meer rente ontvangen kan, maar daarvoor moet je wel uit je comfortzone stappen.  ( 4 min )
    NU+ | Hogere spaarrente? Zoek het over de grens of zet je geld vast
    Sparen bij grote Nederlandse banken is nog lang geen vetpot. Rentes kruipen omhoog, terwijl die banken megawinsten boeken. Meer rente ontvangen kan, maar daarvoor moet je wel uit je comfortzone stappen.  ( 4 min )
    NU+ | Voor hogere spaarrente moet je het over de grens zoeken of geld vastzetten
    Sparen bij grote Nederlandse banken is nog lang geen vetpot. Rentes kruipen omhoog, terwijl die banken megawinsten boeken. Meer rente ontvangen kan, maar daarvoor moet je wel uit je comfortzone stappen.  ( 4 min )

  • Open

    Cooperation Clause Definition
    The cooperation clause in an insurance contract requires the policyholder to assist the insurer in the event a claim is filed against the policy.  ( 20 min )
    Real Estate Agents Can Help to Find Rental Property
    Real estate agents are a resource when searching for a rental property and may provide negotiating power when signing a lease.  ( 21 min )
    Gary S. Becker Bio
    Gary S. Becker was an American economist who won the 1992 Nobel Prize for his microeconomic analysis of the economic aspects of human decision-making.  ( 19 min )
    6 Tips for Renting an Apartment
    Six tips can help you find the apartment that meets your needs at the best price.  ( 20 min )
    How to Apply for a Parent PLUS Loan in 2023
    Parent PLUS loans allow parents to borrow money to help pay for their children’s education. Here’s everything you need to know to apply.  ( 20 min )
    Supreme Court Will Decide Fate Of Purdue Opioid Crisis Settlement
    The Supreme Court will decide whether the Sackler family, and the pharmaceutical company they own, Purdue Pharma, will be allowed to pay $6 billion to avoid future liability for their role in causing the opioid crisis.  ( 16 min )
    Life Insurance Replacement: Rules, Laws, and Regulations
    When replacing a life insurance policy, a lot can go wrong for the consumer. Find out how life insurance replacements are regulated by the states.  ( 21 min )
    S&P 500 Gains and Losses Today: Disney Leads Gains After Raising Disney+ Prices
    The S&P 500 was little changed with a small gain of 0.03% on Thursday, Aug. 10, 2023 after a report on consumer prices showed inflation rose less than expected last month.  ( 17 min )
    Why Are Streaming Companies Raising Prices?
    Increasing costs, faltering subscriber growth, inflation, and reduced revenue per membership figures all contribute to subscription price hikes.  ( 21 min )
    Consequential Loss: Definition, Insurance, Vs. Direct Loss
    A consequential loss is an insurance term for an income hit caused by a business's inability to use damaged property or equipment as usual.  ( 21 min )
    Global Rice Prices Hit 12-Year High Last Month Following Indian Ban of Rice Exports
    Global rice prices hit a 12-year high in July, the United Nations' Food and Agriculture Organization (FAO) said in a report, which could exacerbate global food insecurity.  ( 18 min )
    Top CD Rates Today: More than 20 Options to Earn 5.50% or Better
    Today's three best CD rates available nationwide are 5.75% from Andrews Federal Credit Union, 5.65% from Dow Credit Union, and 5.60% from Northern Bank Direct.  ( 19 min )
    GM Shares Drop After Warning Battery Issues Are Slowing EV Production, Again
    General Motors shares dipped as the carmaker once again warned that production of its electric vehicle lineup is being slowed by issues assembling updated battery modules.  ( 16 min )
    Ralph Lauren Warns Americans Are Cutting Back on Discretionary Spending
    Shares of Ralph Lauren lost ground after the fashion clothing company warned American consumers are cutting back on discretionary spending.  ( 17 min )
    What Is a Debt Security? Definition, Types, and How to Invest
    A debt security is a debt instrument that has its basic terms, such as its notional amount, interest rate, and maturity date, set out in its contract.  ( 23 min )
    Foreclosure Filings Fell in July From June, as Completed Repossessions Rose
    Maryland, New Jersey, Delaware led the nation in foreclosure filings in July.  ( 18 min )
    A Review of Past Recessions
    Recessions are a persistent downturn in economic activity. Here we look at the causes and effects of major U.S. recessions since the Great Depression.  ( 32 min )
    Producer Prices are the Canary in the Coal Mine for Consumers and the Fed
    The Fed views the Producer Price Index as a forerunner of consumer inflation. Rising prices at the production level are typically passed on to consumers at the retail level on a time lag.  ( 18 min )
    Return on Policyholder Surplus Definition
    Return on policyholder surplus is the ratio of an insurance company’s net income to its policyholder surplus.  ( 19 min )
    Developed to Net Premiums Earned Definition
    Developed to net premiums earned is the ratio of developed premiums to net premiums earned over a given time period.  ( 19 min )
    Your July Grocery List Ranked by Inflation
    Throwing some burgers and hot dogs on the grill in July put a bigger dent in your budget than it did the month before, while prices for some other foods have gone down.  ( 18 min )
    Paying for a New Car Now Costs More Than Ever
    Amid surging prices and higher loan rates, paying for a new car costs more than ever—and owning a home and a new car now eats almost half of the typical American's budget.  ( 20 min )
    Bare Walls Coverage
    Bare walls coverage is a type of insurance coverage that applies to communally used features in residential multi-family buildings.  ( 18 min )
    How to Find a Financial Advisor or Planner at Any Age
    As you age, saving and investing become higher priorities. Read about finding the best financial professional for your current stage in life.  ( 25 min )
    The S.C. Johnson Graduate School of Management: Overview
    The Samuel Curtis Johnson Graduate School of Management is a graduate business school based at Cornell University in Ithaca, New York.  ( 20 min )
    Valuation Clause Definition
    A valuation clause is a provision in an insurance policy specifying the amount the policyholder will receive if a covered hazard event occurs.  ( 23 min )
    Bond Rating Agencies: Overview, Benefits, and Criticisms
    Bond rating agencies are companies that assess the creditworthiness of both debt securities and their issuers. Discover more about them here.  ( 25 min )
    AppLovin Beats Profit, Sales Forecasts on Demand for its Updated AI Engine
    Shares of AppLovin (APP) jumped as the artificial intelligence (AI)-based mobile marketing platform reported better-than-expected results amid soaring demand for all things AI.  ( 16 min )
    Markets Advanced at Midday as Consumer Inflation Rose Less Than Expected
    U.S. equities gained at midday on Thursday, Aug. 10, 2023 after the Labor Department reported consumer prices increased less than expected in July.  ( 16 min )
    Novo Nordisk Boosts Guidance as Sales of Weight-Loss Drug Wegovy Soar
    Novo Nordisk raised its outlook as revenue from its popular weight-loss treatment, Wegovy, skyrocketed.  ( 17 min )
    Bank of America Savings Account Interest Rates: August 2023
    Bank of America offers many personal financial products, including savings accounts. See if Bank of America’s rates are attractive enough for your deposit.  ( 21 min )
    Barclays Savings Account Interest Rates: August 2023
    Barclays offers a competitive APY on its single savings account, which is light on restrictions and fees. Learn more about Barclays Online Savings Account to see if it’s right for you.  ( 20 min )
    Chase Savings Account Interest Rates: August 2023
    Chase Bank offers two savings accounts to its customers with below-average interest rates, but the bank has other financial services worth considering.  ( 19 min )
    Bernie Sanders' Economic Plan: A Second Bill of Rights
    Bernie Sanders did not become the Democratic presidential nominee for 2020, but his economic plan still raises many important points and addresses ongoing issues.  ( 32 min )
    Disney+ Raises Subscription Prices After Losing Millions of Subscribers
    Ad-free Disney+ subscription price to increase roughly 27% to $14 a month, following the company's loss of millions of streaming subscribers.  ( 17 min )
    Coach Owner Tapestry Buys Versace Owner Capri Holdings for $8.5 Billion
    Capri's shares rose in premarket trading on Thursday as fashion conglomerate Tapestry announced a $8.5 billion acquisition deal that will bring six luxury brands under one company.  ( 17 min )
    Rent-to-Own Car: How the Process Works
    Rent-to-own policies can help you afford a car if you have poor or no credit. Learn how the process works, how your credit plays a role, and about other options.  ( 24 min )
    Biotech Company Amyris Files for Bankruptcy
    Synthetic biotechnology company Amyris filed for Chapter 11 bankruptcy protection as it restructures, leading its share price to drop more than 70% in early trading Thursday.  ( 16 min )
    Mortgage Rates Inch Up, Halting Three-Day Slide
    Rates on 30-year mortgages climbed slightly, ending a three-day slide that had lowered the average almost a quarter percentage point. All other averages were up or held steady.  ( 20 min )
    Inflation Cooled In July, Despite Uptick In Year-Over-Year Rate to 3.2%
    Inflation is continuing to cool down, though you might not think it from the 12-month inflation rate.  ( 18 min )
    Almost Every Mortgage Average Drops for a Third Day
    Rates on 30-year mortgages have sunk almost a quarter percentage point over the past three days, with the averages on almost every other loan type dropping as well.  ( 21 min )
    Contempt of Court: Definition, Essential Elements, and Example
    Contempt of court is an act of disrespect or disobedience toward a court or interference with its orderly process.  ( 23 min )
    GRE vs. GMAT: What's the Difference?
    In prior years, those applying to an MBA program had to take the GMAT exam. Today, a growing number of universities accept the GRE as well.  ( 25 min )
    Money Market Account vs. Money Market Fund: What’s the Difference?
    Money market accounts have some similarities and differences when compared with money market funds. Learn more about how the two accounts compare.  ( 25 min )
    Currency Trading Platform Defintion
    A currency or forex trading platform is a type of trading platform used to help currency traders with forex trading analysis and trade execution.  ( 22 min )
    Attending College in Europe or Abroad
    When deciding whether to get a degree abroad, research and talk to alumni who have completed the same program.  ( 21 min )
    Bayes' Theorem: What It Is, Formula, and Examples
    Bayes' theorem is a mathematical formula for determining conditional probability of an event. Learn how to calculate Bayes' theorem and see examples.  ( 26 min )
    Alibaba Grows Income from Operations by 70%, Pushing Stock Higher
    Alibaba Group Holdings Ltd. delivered serious gains in the quarter ended June 30, with income from operations up 70% year-over-year, sending its stock up nearly 7% this morning.  ( 17 min )
    The Consolidated Appropriations Act of 2021: What's in It, What's Not
    This $900 billion COVID-19 stimulus bill included $600 direct individual payments, $300/week unemployment benefits, and more. See how it compares to other legislation.  ( 28 min )
    Disney's Subscriber Woes, Restructuring Costs Weigh Heavy Amid Mixed Earnings
    Walt Disney and Co. lost about 12 million Disney+ streaming subscribers, took a big hit due to restructuring costs, and missed revenue projections, but its third-quarter earnings per share beat analysts' expectations.  ( 19 min )
    5 Things to Know Before Markets Open
    Inflation is expected to move higher in July and Disney shares are rising after it announced it would lift prices for its streaming services. Here’s what investors need to know today.  ( 18 min )
    Manhattan, Queens, Brooklyn Rents Rose to Records in July
    With home prices and borrowing costs increasingly out of reach, the ranks of renters continues to grow in NYC, the country's biggest rental city.  ( 18 min )
    Consumer Discretionary Sector: Industries Snapshot
    Discover the consumer discretionary sector, industries within this sector and companies producing goods that fall under the consumer discretionary definition.  ( 21 min )
    What Causes a Recession?
    A recession, or a decline in economic activity lasting several months, is usually caused by events such as a financial crisis or supply chain disruption. Learn more.  ( 27 min )
    Find Your Niche Financial Advisory Market
    Improve your financial advisory business by building a client base of people who share similar priorities, values, and long-term goals.  ( 22 min )
    Unauthorized Insurer Definition
    The term “unauthorized insurer” refers to a fraudulent business that is posing as a legitimate insurance company.  ( 18 min )
    The Law of Supply Explained, With the Curve, Types, and Examples
    The law of supply in economics states that as the price of a good or service increases, the quantity of goods or services increases and vice versa. Learn more.  ( 26 min )
    Carmack Amendment: What it is, How it Works
    The Carmack Amendment amends the Interstate Commerce Act of 1877 and limits the liabilities of carriers to loss or damage of the property itself.  ( 19 min )
    Should You Head Back to Business School?
    Business school can have a lasting impact on your career, but is an MBA right for you? Learn what to consider before deciding to go back to school.  ( 23 min )
    Who Is Kenneth I. Chenault? Who Is the CEO for American Express?
    Kenneth I. Chenault is a former chair and CEO of American Express  ( 21 min )
    Insurance, Excess Insurance, and Reinsurance
    Understanding the differences between insurance, excess insurance, and reinsurance might help you avoid being overinsured or underinsured.  ( 21 min )
    What Is an Affidavit of Title? Definition, Purposes, Contents
    An affidavit of title is a document provided by the seller of real estate showing the status of the property, including ownership and legal issues.  ( 23 min )
  • Open

    Why Are Streaming Companies Raising Prices?
    Increasing costs, faltering subscriber growth, inflation, and reduced revenue per membership figures all contribute to subscription price hikes.  ( 1 min )
    Biotech Company Amyris Files for Bankruptcy
    Synthetic biotechnology company Amyris filed for Chapter 11 bankruptcy protection as it restructures, leading its share price to drop more than 70% in early trading Thursday.  ( 1 min )
    Disney+ Raises Subscription Prices After Losing Millions of Subscribers
    Ad-free Disney+ subscription price to increase roughly 27% to $14 a month, following the company's loss of millions of streaming subscribers.  ( 1 min )
    GM Shares Drop After Warning Battery Issues Are Slowing EV Production, Again
    General Motors shares dipped as the carmaker once again warned that production of its electric vehicle lineup is being slowed by issues assembling updated battery modules.  ( 1 min )
    Coach Owner Tapestry Buys Versace Owner Capri Holdings for $8.5 Billion
    Capri's shares rose in premarket trading on Thursday as fashion conglomerate Tapestry announced a $8.5 billion acquisition deal that will bring six luxury brands under one company.  ( 1 min )
    Supreme Court Says Apple Can Keep Its Store Payment Rules, For Now
    The Supreme Court dealt a setback to video game publisher Epic in its battle against Apple over how the iPhone giant treats developers that sell programs on the App store.  ( 1 min )
    Rivian Reduces Per-Unit Losses on the Road to Profitability
    Electric vehicle (EV) maker Rivian Automotive keeps losing money on every vehicle it makes, but losses have narrowed and the company expects profitability by the end of 2024.  ( 1 min )
  • Open

    Lidar Is Coming of Age. Investors Can Begin to Compare the Companies.
    "There's no rule that everybody has to win," the CEO of Ouster said as the company reported its second-quarter results.  ( 26 min )
    Tapestry stock dives while Capri skyrockets as investors question mega merger
    The latest luxury fashion M&A deal drew a mixed response from pros on Wall Street and in the industry.  ( 33 min )
    Ford, GM Stocks Tank. It Has to Do With Car Prices.
    New- and used-car prices fell in July, easing some pain for U.S. consumers. Yet prices for insurance, repair, and other services continued to march higher.  ( 26 min )
    Dow Jones Closes Near Session Low; Cathie Wood Loads Up On This Stock Despite 23% Plunge
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    US 30-Year Treasury Auction Signals Weak Demand to Wrap Up Week of Big Sales
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    Top CD Rates Today: More than 20 Options to Earn 5.50% or Better
    Today's three best CD rates available nationwide are 5.75% from Andrews Federal Credit Union, 5.65% from Dow Credit Union, and 5.60% from Northern Bank Direct.  ( 20 min )
    Brace for stocks and home prices to drop — and the US economy's 'trampoline landing' to end next year, strategist warns
    StoneX's Vincent Deluard sees investors swapping stocks for bonds, reluctant sellers eventually listing their homes, and the economic rebound fading.  ( 31 min )
    Meta spends $14 million on Mark Zuckerberg’s security, and Tesla is ‘highly dependent’ on Elon Musk—but no one can actually stop them from maiming each other in a cage
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    GM Shares Drop After Warning Battery Issues Are Slowing EV Production, Again
    General Motors shares dipped as the carmaker once again warned that production of its electric vehicle lineup is being slowed by issues assembling updated battery modules.  ( 16 min )
    Stocks close higher after inflation data, Disney pops: Stock market news today
    Stocks rose Thursday as the July US inflation report showed prices increased more than in June.  ( 32 min )
    Many workers facing a layoff would accept a 25% pay cut to keep their jobs—but 97% of bosses don’t even ask. Even the researchers are stumped why
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    How To Invest: Nvidia, Tesla Reveal 3-Step Routine For Bull And Bear Markets
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    Guggenheim CIO Says Credit Market Is ‘Next Shoe to Drop’
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    Yellow employees getting paid a day late; $92.9M in vacation time in limbo
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    General Electric Stock Could Continue Higher
    GE pulled back to a historically bullish trendline on the charts  ( 31 min )
    UPS drivers to make $170,000 in pay and benefits following union win
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    ‘Don’t be fooled’ by the uptick in inflation, economist says. Prices are falling, and the Fed now has the ammo to pause its rate hikes
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    Dow inches up as inflation trends stay positive: Stock market news today
    Stocks rose Thursday as the July US inflation report showed prices increased more than in June.  ( 32 min )
    China's heading for another real estate crisis — but it's on a whole different scale than what it's seen before
    China's property sector is teetering on another Evergrande moment, as a developer with almost $200 billion of debt is in deep trouble.  ( 34 min )
    Forward Air merges with Omni Logistics, will target expedited LTL
    Forward Air announced Thursday it will merge with asset-light logistics peer Omni Logistics. The post Forward Air merges with Omni Logistics, will target expedited LTL appeared first on FreightWaves.  ( 33 min )
    Tesla Stock Is Up. X CEO Linda Yaccarino Is Helping.
    Linda Yaccarino, CEO of the former Twitter, says she has the authority to run Elon Musk's social-media company. Investors see Musk spending more time and attention to Tesla.  ( 26 min )
    Analyst Report: Avalonbay Communities Inc.
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    Market Update: AVB, BP
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    WeWork Stock Rockets Higher
    Shares of WeWork, the distressed co-working space provider, soared 67% in recent trading. It's not the first time this month shares of a troubled company are soaring for no obvious reason. Companies from Tupperware to Yellow have jumped out of the blue in recent weeks. In case you missed the memo—  ( 21 min )
    Is Rivian Stock A Buy Or A Sell With This Tesla Bull Saying It's A 'Core EV Player'?
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    Amazon scraps several private label clothing brands - source
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    ‘Load Up,’ Says J.P. Morgan About These 2 ‘Strong Buy’ Stocks
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    Gen Z and millennials are outpacing older generations in 401(k) contributions because they’re so worried they’ll never be able to retire
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    Verizon signs technology deal with HCLTech
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    Baby Boomers Are Hitting Peak 65. What It Means For Retirement Planning.
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    Biotech Company Amyris Files for Bankruptcy
    Synthetic biotechnology company Amyris filed for Chapter 11 bankruptcy protection as it restructures, leading its share price to drop more than 70% in early trading Thursday.  ( 18 min )
    Warren Buffett Transformed His Neighbor's Life Savings Of $67,000 Into $400 Million
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    Campbell Soup CEO vows he won’t change Rao’s recipe after $2.7 billion acquisition
    Campbell Soup CEO Mark Clouse addresses one big social media concern about his $2.7 billion deal for pasta sauce maker Rao's.  ( 32 min )
    Offshore Drilling Firm With 750% Growth Pumps Up A Breakout
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    Alibaba Grows Income from Operations by 70%, Pushing Stock Higher
    Alibaba Group Holdings Ltd. delivered serious gains in the quarter ended June 30, with income from operations up 70% year-over-year, sending its stock up nearly 7% this morning.  ( 17 min )
    Why PayPal's stablecoin launch is getting lots of attention
    PayPal's stablecoin stands out because it's not just "more crypto for crypto," one expert wrote in CoinDesk.  ( 12 min )
    As DKNG Stock Tumbles, Consider This Bearish Option Strategy
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    Penn downgraded, Roblox upgraded: Wall Street's top analyst calls
    Penn downgraded, Roblox upgraded: Wall Street's top analyst calls  ( 33 min )
    ‘The Lidar Sector Has Hit Rock Bottom’: Analyst Expects Big Comeback for These 2 Lidar Stocks Under $10
    The auto industry is changing in a multitude of ways. Electric powertrains are challenging the traditional combustion engine, and other technologies, such as mobile wireless connectivity and artificial intelligence, are bringing a sea change to the way we drive. New opportunities are opening for investors in these emerging technologies. These aren’t going to be risk-free choices – remember how many car companies popped up in the 1920s and ‘30s before Detroit stabilized with the Big Three – so th  ( 34 min )
    Traders bet Fed rate hikes are over, cuts to start in 2024
    Federal Reserve policymakers are unlikely to raise interest rates again in 2023 and will probably start cutting them early next year, traders bet on Thursday, after a U.S. government report showed consumer prices rose only moderately last month. Traders of futures tied to the Fed's policy rate now see less than a 10% chance that the U.S. central bank will increase its benchmark overnight interest rate from its current 5.25%-5.50% range at a Sept. 19-20 policy meeting. They had seen about a 14% chance of a rate hike next month before the Labor Department report showed the July consumer price index (CPI) rose 3.2% from a year ago, following a 3% year-over-year increase in June.  ( 30 min )
    There Are 4 Retirement Withdrawal Strategies. Which Is Best For You?
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    Ask an Advisor: I'm in the Highest Tax Bracket and ‘Plan to Be There Moving Forward.' Should I Do a Roth Conversion?
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    Stocks climb as inflation ticks up but trends stay positive: Stock market news today
    Stocks rose Thursday as the July US inflation report showed prices increased more than in June.  ( 31 min )
    Want to Minimize Retirement Taxes? Don't Follow This Popular Strategy
    If you're planning on making tax-deferred retirement accounts the last pot of money you tap after retirement, you've got a lot of company. And why not? The idea that your 401(k) or traditional IRA can keep growing and churning out … Continue reading → The post Want to Minimize Retirement Taxes? Don't Follow This Popular Strategy appeared first on SmartAsset Blog.  ( 32 min )
    You Need to Be This Rich to Make Wealth Management Worth It
    Wealth managers help set and reach goals for financial needs. Here's a breakdown of wealth management services and examples of when you will need them.  ( 32 min )
    Ryan Reynolds Sold His Company For $1.3 Billion; Now He's Investing In Something He Knows Nothing About
    Acclaimed Hollywood A-lister Ryan Reynolds has proven himself to be more than just an entertainer, delving into the world of investments with remarkable success. Despite his humble admission of not being an investing wizard, Reynolds has accumulated millions of dollars through well-timed business bets in recent years. In a recent appearance on CNBC’s "Squawk Box", Reynolds discussed his latest investment venture: Canadian financial technology (fintech) company Nuvei. See more on startup investin  ( 32 min )
    Retirement Taxes too High? Try These 5 Smart Ways to Reduce Tax Liability in Retirement
    If you're approaching retirement age, you have a lot to think about. Focusing on limiting your tax liability can be especially valuable. After all, the more taxes you pay in retirement, the less money you'll have to live off. If … Continue reading → The post 5 Ways to Reduce Tax Liability in Retirement appeared first on SmartAsset Blog.  ( 33 min )
    Novo Nordisk Skids As Massive Sales Growth Misses Even More Bullish Forecasts
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    US inflation rises for first time in 13 months - latest updates
    Wilko, the high street discount chain, has plunged into administration, putting 12,000 jobs at risk after it failed to secure a rescue deal.  ( 44 min )
    Stock futures climb as inflation slowdown pauses: Stock market news today
    Stock futures rose Thursday as the July US inflation report showed prices increased more than in June, crucial to the Federal Reserve's decision making about when to pull back on hiking interest rates.  ( 31 min )
    SEC Likely to Approve Several Spot ETFs, Sparking Next Bitcoin Rally: Matrixport
    If the SEC needs more time to assess the practicality of the surveillance-sharing agreements, then the bitcoin price may correct initially in mid-September, and would be the “dip to buy,” the report said.  ( 31 min )
    Dow Jones Futures Rally 250 Points After Cool CPI Inflation Data; Disney Rises On Price Hikes
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    Inflation: Consumer prices rise 3.2% in July as inflation slowdown stalls
    July CPI is a key factor in the Federal Reserve's decision on whether to hike interest rates next month.  ( 30 min )
    OPEC Data Suggest 2 Million-Barrel-a-Day Oil Supply Deficit as Saudis Cut
    (Bloomberg) -- Global oil markets are on track for a sharp supply deficit of more than 2 million barrels a day this quarter as Saudi Arabia slashes production, OPEC data indicate.Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Ecuador Presidential Candidate Assassinated, Suspect Shot DeadFirst American City to Tame Inflation Owes Its Success to Affordable HousingEveryone Wants to Work at UPS After Teamsters DealOnce Asia's Richest Woman, China Property Tycoon  ( 32 min )
    Wolverine Worldwide CEO Brendan Hoffman Suddenly Exits, Christopher Hufnagel Steps Into Top Role
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    Plug Power Sales Beat Expectations, the Stock Is Tanking. Here’s Why.
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    Virgin Galactic Goes to the Edge of Space Today. Watch It Here.
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    Daily – Vickers Top Insider Picks for 08/10/2023
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    Alibaba beats quarterly revenue estimates
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    Big US banks are reportedly trying to dump commercial real estate loans - but buyers are scarce as pressures mount for property markets
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  • Open

    S&P 500 Gains and Losses Today: Disney Leads Gains After Raising Disney+ Prices
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  • Open

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    Na ING en ABN AMRO verdubbelt ook Rabobank winst door hogere rente
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  • Open

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    State Farm CD Rates: August 2023
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    Waiting for Lower Mortgage Rates? Earn 5% on Your Down Payment While You Wait
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    Bracketed Sell Order: What it Means, How it Works
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    S&P Gains and Losses Today: Index Falls as Tech Stocks Lose Ground
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    Conservative Groups’ Lawsuit Could Stop Student Loan Relief Even if It Loses
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    Should I Go to Grad School After College?
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    Sony ADRs Slide as Strikes by Actors and Writers Drag on Revenue
    ADRs of Sony tumbled after the entertainment giant warned that strikes by TV and movie actors and writers will drag down current quarter revenue.  ( 18 min )
    Strong US Sales Boost Honda's Operating Profit, Sending ADRs Higher
    ADRs of Honda advanced as the carmaker reported a big increase in U.S. sales and announced a stock split.  ( 16 min )
    Sony Shares Slide as Strikes by Actors and Writers Drag on Revenue
    ADRs of Sony tumbled after the entertainment giant warned that strikes by TV and movie actors and writers will drag down current quarter revenue.  ( 17 min )
    Google AI And American Airlines Tested Ways To Reduce Climate Impact Of Flights
    Google AI-powered flight routes reduced global warming inducing contrails—white lines in the sky left behind by planes-without materially increasing fuel consumption.  ( 17 min )
    Robo-Advisor vs. Financial Advisor
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    Default: What It Means, What Happens When You Default, Examples
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    Jobs Growth: Overview, Applications, FAQ
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    De-Dollarization: What Is It and Is It Happening?
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    Rivian Reduces Per-Unit Losses on the Road to Profitability
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    Data Analytics: What It Is, How It's Used, and 4 Basic Techniques
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    What You Need to Know About the Employment Report
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    The National Association of College and University Business Officers (NACUBO) Definition
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    What Is the Unemployment Rate? Rates by State
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    Mortgage Demand Falls as US Credit Downgrade, Treasury Yields Push Rates Higher
    Mortgage applications declined 3.1% from the previous week as the average interest rate for FHA-backed mortgages increased to 7.02%—the highest in almost 21 years—according to data from the Mortgage Bankers Association.  ( 18 min )
    The New York City Economy Tracker
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    Roblox Shares Tumble After Reporting a Wider Loss as Expenses Grew
    Roblox shares tumbled after the online gaming platform’s second-quarter loss per share widened because of increased costs.  ( 16 min )
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    In most cases, your car insurance company does not report accidents to the DMV, but states require police to under certain circumstances.  ( 22 min )
    Markets Fall at Midday as Tech Stocks Sink
    U.S. equities declined at midday on Wednesday, Aug. 9, 2023, on the latest batch of earnings reports and as the market awaits key inflation data.  ( 16 min )
    New York City Economic Tracker: July 24, 2023
    Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics. areas of New York's housing, tourism, leisure and hospitality metrics.  ( 17 min )
    Decibel Therapeutics Shares Soar on Acquisition by Regeneron Pharmaceuticals
    Shares of Decibel Therapeutics skyrocketed after Regeneron Pharmaceuticals agreed to buy the biotech firm for up to $213 million to expand its gene therapy pipeline.  ( 16 min )
    How to Get a Company's Prospectus
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    How to Get a Credit Union Personal Loan in 2023
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    GDP Per Capita Defined: Uses and Highest Per Country
    GDP per capitais a metric that breaks down a country's GDP per person and is calculated by dividing the GDP of a country by its population.  ( 25 min )
    Marginal Benefit vs. Marginal Cost: What's the Difference?
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    Why Would Amazon Be An Anchor Investor In Arm's IPO? The Answer’s In The Cloud.
    Amazon is reportedly in talks to become an anchor investor in the IPO of Arm Ltd., a British semiconductor and software design company. The IPO, expected to be one of the largest this year, could help Amazon boost its cloud business.  ( 18 min )
    The Twin Deficits of the U.S.
    The U.S. runs both fiscal and current account deficits, which together are referred to as twin deficits.  ( 21 min )
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    Penn Entertainment Shares Jump After $2 Billion Sportsbook Deal With Disney's ESPN
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    Kelley School of Business at Indiana University
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    How Did Mass Production Affect the Price of Consumer Goods?
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    WeWork Doubts Its Own Survival, Shares Crater
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    Representative Sample vs. Random Sample: What's the Difference?
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    About 80% of Americans Think It’s A Bad Time To Buy A Home
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  • Open

    Helium Wars: Why Are Tech Giants Fighting Over This Rare Gas?
    What battery metals are to gigafactories, helium is to everything from scientific research, medical technology and high-tech manufacturing to space exploration and national defense  ( 41 min )
    Proterra won’t fight Nasdaq delisting following bankruptcy filing
    Electric bus and battery maker Proterra Inc. won’t fight an Aug. 17 delisting from the Nasdaq as it works on a bankruptcy reorganization plan. The post Proterra won’t fight Nasdaq delisting following bankruptcy filing appeared first on FreightWaves.  ( 32 min )
    This week's inflation report will spark a big rally in the stock market, Fundstrat says
    "Equities seem oversold as well. So, we think the probability for stocks to rally strongly after CPI is very high," Fundstrat's Tom Lee said.  ( 31 min )
    Kenvue Will be Added to S&P 500 After J&J Exchange Offer
    The Johnson & Johnson spinoff is the consumer health company that makes Listerine and Tylenol.  ( 26 min )
    Disney raises streaming prices as CEO Bob Iger warns of password sharing crackdown
    Disney said Wednesday it will raise the price of its streaming services Disney+ and Hulu for the second time this year.  ( 32 min )
    Kellogg's 'woke' workplace diversity programs are illegal, group claims
    A conservative legal group on Wednesday urged a U.S. anti-discrimination agency to investigate Kellogg Co over workplace diversity policies that it says are unlawful, and accused the cereal maker of sexualizing its products. This is the second complaint filed this week against a company by America First Legal, a nonprofit run by Stephen Miller, who was an adviser to former President Donald Trump. America First in a letter to the U.S. Equal Employment Opportunity Commission (EEOC) said Kellogg's hiring, training and promotion practices are designed to achieve a balance based on race and sex that violates the federal law banning workplace bias.  ( 31 min )
    Disney to Significantly Raise Prices of Disney+, Hulu Streaming Services
    The entertainment giant’s is raising the cost of the ad-free versions of Disney+ and Hulu by more than 20% each.  ( 26 min )
    Dow Jones Futures: Nasdaq, Nvidia Break Key Support As AI Stocks Sell Off; What To Do Now
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    Nvidia Stock Broke Its ’50-Day Moving Average.’ Here’s Where It Could Go Next.
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    SEC Will Appeal XRP Ruling in Case Against Ripple, Regulator Says
    The U.S. Securities and Exchange Commission (SEC) said it would file an "interlocutory appeal" of a judge's ruling on Ripple's programmatic sales of XRP, the regulator said in a court filing Wednesday.  ( 31 min )
    Biden-Backed Bus Maker Got Millions in Aid Before Bankruptcy
    (Bloomberg) -- Proterra Inc., the electric bus maker touted by President Joe Biden that filed for bankruptcy this week, was the recipient of millions of dollars in US Covid-relief government aid. Most Read from BloombergEcuador Presidential Candidate Assassinated, Suspect Shot DeadRetirees Face $17,400 Cut to Social Security Benefits in 2033First American City to Tame Inflation Owes Its Success to Affordable HousingEveryone Wants to Work at UPS After Teamsters DealOnce Asia's Richest Woman, Chin  ( 32 min )
    Illumina Stock Crumbles As Earnings Guidance Completely Misses Forecasts
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    China's internet giants order $5 billion of Nvidia chips to power AI ambitions -FT
    Baidu, TikTok-owner ByteDance, Tencent and Alibaba have made orders worth $1 billion to acquire about 100,000 A800 processors from the U.S. chipmaker to be delivered this year, the FT reported, citing multiple people familiar with the matter. The Biden administration last October issued a sweeping set of rules designed to freeze China's semiconductor industry in place while the U.S. pours billions of dollars in subsidies into its chip industry. Nvidia offers the A800 processor in China to meet export control rules after U.S. officials asked the company to stop exporting its two top computing chips to the country for AI-related work.  ( 31 min )
    Disney+ subscribers decline as company's streaming loss narrows
    Disney reported earnings after the bell on Wednesday. Here's what to know.  ( 33 min )
    Disney+ subscribers decline as company's streaming loss narrows
    Disney reported earnings after the bell on Wednesday. Here's what to know.  ( 33 min )
    Disney earnings beat estimates but stock drops on subscriber miss
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    Stocks skid for second day, Nasdaq leads way down: Stock market news today
    Stocks were down, failing to shake off losses driven by banking-sector worries as attention shifted to a key US inflation report.  ( 31 min )
    Tesla's 'Master of Coin' bids the EV-maker farewell after racking up a $590 million fortune
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    Roblox Stock Crashes 23% On Q2 Earnings; Is RBLX Stock A Buy Right Now?
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    From $47 billion to $270 million—WeWork, the Adam Neumann brainchild, keeps crashing after a ‘going concern’ warning
    "Flexible workspaces have a future in the office ecosystem, but WeWork, in its current state, may not," BTIG analysts wrote Wednesday.  ( 33 min )
    CPI preview: Inflation expected to have ticked slightly higher last month
    July CPI is a key factor in the Federal Reserve's decision on whether to hike interest rates next month.  ( 31 min )
    John Schnatter case will go to trial
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    AI Lender Upstart’s 445% Rally Fades After Outlook Dampens Frenzy
    (Bloomberg) -- Upstart Holdings Inc.’s breakneck rally is losing momentum after the lending platform that uses artificial intelligence provided a disappointing outlook.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealFirst American City to Tame Inflation Owes Its Success to Affordable HousingTycoon Who Gave Away $750 Million Sees Profit in Loans to PoorWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureNasdaq 100 Drops 1% in Run-Up to Key CPI Report: Markets Wr  ( 31 min )
    Verizon to raise prices again
    Customers on the legacy Mix and Match plans will have to pay $3 more for single lines and $5 more for multiple lines, finance chief Tony Skiadas said at an investor conference on Wednesday. Last month, Bloomberg reported that Verizon was raising the monthly price on its wireless home internet offering by $10.  ( 31 min )
    Analyst Report: Cognizant Tech Solus Corp
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    Analyst Report: Weyerhaeuser Co.
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    Analyst Report: Wendy`s Co
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    Analyst Report: Elevance Health Inc
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    Analyst Report: T-Mobile US Inc
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    Market Update: CTSH, TMUS, SWK, WEN, ELV, WY, QSR
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    Roblox Shares Tumble After Reporting a Wider Loss as Expenses Grew
    Roblox shares tumbled after the online gaming platform’s second-quarter loss per share widened because of increased costs.  ( 17 min )
    WeWork stock plunges after company raises 'substantial doubt' about its future
    WeWork warned investors that there is "substantial doubt" it can stay in business, marking a new twist in the troubled company's staggering rise, fall, rebirth and potential imminent collapse.  ( 32 min )
    Palantir Stock Tumbles. Where It Could Be Headed Next.
    August hasn't been kind to the high-flying tech company.  ( 26 min )
    Alibaba Reports Earnings Thursday. Don’t Be Fooled by Good News.
    Wall Street expects the e-commerce giant to post decent earnings and revenue growth. Gloomy signs on China's economy cloud the outlook.  ( 26 min )
    Russia abandons budget rule in effort to save tanking rouble
    Russia effectively abandoned its budget rule on Wednesday as the central bank said it would stop conducting finance ministry foreign currency purchases from Aug. 10 until the end of the year to try and prevent the rouble from plumbing new depths. The rouble pared losses on the news. Earlier on Wednesday it sank to its lowest for more than 16 months, past 98 to the dollar, hampered by strong demand for foreign currency and a lack of supply, with a shrinking trade surplus and widening budget deficit also hurting sentiment.  ( 30 min )
    U.S. judge greenlights Nio investor class action over factory claims
    Nio Inc investors can proceed as a class in a lawsuit claiming the Chinese electric vehicle maker lied about building its own factory in Shanghai during its 2018 initial public offering, a U.S. judge has ruled. The lawsuit in federal court in New York seeks damages from Nio, its executives and underwriters for a decline in share price after the carmaker said in March 2019 that it had scrapped plans to build the new factory it had said was "under construction" during the IPO. U.S. District Judge Nicholas Garaufis issued an order late Tuesday certifying a class of all investors who bought Nio American Depositary Shares (ADS) in the September 2018 IPO, and a class of investors who purchased ADS between Oct. 8, 2018 and March 5, 2019.  ( 31 min )
    Stocks sink for second day, Nasdaq leads way down: Stock market news today
    Stocks were down, failing to shake off losses driven by banking-sector worries as attention shifted to a key US inflation report.  ( 31 min )
    U.S. mortgage rates spike to highest since November, approach 22-year high
    The average U.S. 30-year mortgage rate jumped to a nine-month peak on Wednesday and hit the second-highest rate since 2001, as interest rates reacted sharply to a downgrading of U.S. government debt. The average 30-year mortgage rate shot up to 7.09% for the week ending Aug. 4, a 16 basis point increase from the previous week's 6.93% rate, according to a weekly report released by the Mortgage Bankers Association. Potential borrowers adjusted promptly to the surging cost of borrowing: the mortgage applications index - a measure of total mortgage application volume - fell 3.1% to a six-month low of 194.5.  ( 30 min )
    Apple Stock Is Falling Again. Where It Might Be Headed Next.
    Shares of the tech giant have slumped since it reported earnings last week.  ( 26 min )
    Mirati Rockets 31% On A Bevy Of News In Cancer, A $300 Million Deal And Its CEO Exit
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    GM still struggling to build EVs, sees margin growth ahead for Cruise-CFO
    Speaking at a J.P. Morgan investor conference, GM Chief Financial Officer Paul Jacobson said the automaker's electric vehicles, from Cadillac Lyriq SUVs to BrightDrop vans, had been affected by an issue with assembling battery modules - a stumbling block first noted last week by Chief Executive Mary Barra. Jacobson said GM had built more than 1,000 Lyriqs in July -- still well below the company's initial expectations. GM in early 2022 said it expected to build 25,000 Lyriqs at the company's Spring Hill, Tennessee, plant last year, but fell far short of that target.  ( 30 min )
    Jim Cramer Says He's 'Not Concerned' With The Recent Debt Downgrade From Fitch Ratings — But He Still Wants Investors To Curb Their Bullishness. Here's Why
    Fitch Ratings recently downgraded the United States' long-term foreign-currency issuer default rating from its highest AAA rating to AA+, and stocks fell on the news. But CNBC's Jim Cramer appears unfazed by the decision. "I'm not concerned about the Fitch downgrade," the "Mad Money" host said. "I am concerned that too many people remain too sanguine at the moment because that's not what we want to see. When you get too many bulls, it tends to eventually cause a nasty sell-off — so maybe some fe  ( 33 min )
    Government Spending Will Propel the S&P 500 Higher, Says Kevin O’Leary — Here Are 3 ‘Strong Buy’ Stocks to Bet on It
    The S&P 500 has notched some very respectable returns this year, but there’s reason to believe it is only the beginning of a sustained multiyear rally. At least, that is the opinion of ‘Shark Tank’ star Kevin O’Leary, who believes that while various sectors of the US economy will be dealing with a series of difficulties, the S&P 500 is poised to ride the momentum of increased government expenditure in the upcoming years. O’Leary anticipates that the CHIPS and Science Act along with the Inflation  ( 35 min )
    Why Apple stock is on the brink of a 10% correction
    The bears haven taken a bite out of Apple in August.  ( 32 min )
    GBP/USD Forecast – British Pound Continues to See Support
    The British pound continues to show strength in the form of support.  ( 32 min )
    CELH Stock Guzzles Big Gains After Drink Maker Trounces Views
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    Penn Wins in ESPN Betting Deal. Why DraftKings Stock Is Dropping.
    Shares in sports gambling names have fallen in the wake of Penn's $2 billion deal for ESPN rights.  ( 27 min )
    Disney set to report earnings as ESPN strikes sports betting deal
    Disney will report earnings after the bell on Wednesday. Here's what to know.  ( 33 min )
    Doximity Stock Plunges After Cut to Forecast. Analysts Are Concerned.
    The online platform for medical professionals said pharmaceutical companies are slowing down in shifting to handling information digitally.  ( 26 min )
    Roblox Plunges by Most in 9 Months as Daily Users Drop Off
    (Bloomberg) -- Roblox Corp. plunged by the most in nine months after reporting that people were spending less time playing its games in the second quarter and missing Wall Street’s estimates.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureTycoon Who Gave Away $750 Million Sees Profit in Loans to PoorTesla CFO Kirkhorn Exits With $590 Million FortuneWall Street WhatsApp, Texting Fines Exceed $2.5 BillionRoblox  ( 31 min )
    Wheels Up flags inability to continue operations, shares tank
    The company, which charters planes by the hour, has made a slew of restructuring measures this year, including job cuts and management changes. Delta said in a statement that it was providing a short-term capital infusion in the form of a secured promissory note as Wheels Up pursues strategic partnerships.  ( 31 min )
    Roblox Stock Drops. Blame The Wider Loss.
    The company posts a second-quarter net loss of 46 cents a share. A year ago, it posted a loss of 30 cents.  ( 26 min )
    Cash-strapped Americans are being forced to dip into their 401(k) retirement plan to make ends meet
    Bank of America said more people had been taking hardship distributions from their retirement plans in recent months in a sign consumers may be running out of savings to propel economic growth.  ( 32 min )
    I'm High-Net-Worth & Approaching Retirement. How Can I Make Sure I'm Ready For the Transition?
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    Reports: Arm lines up Amazon, Apple, Nvidia, others as investors as it prepares to go public
    Arm plans to raise around $10 billion in its IPO.  ( 11 min )
    How Much Retirement Will a $250,000 Annuity Buy Me?
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    Why Rich Couples Are Cashing in On This Life Insurance
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    The CPI Inflation Rate Is Expected To Rise In July. Why The Federal Reserve Won't Care.
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    TUI Returns to Profit, Eyes Shifts From Extreme Weather
    TUI is acutely aware that its holiday package tours could be prone to seasonality shifts, as the group has just had to deal with the impact of severe weather warnings and wildfires. Despite all this and rising prices, travel demand from its main markets remains strong.  ( 32 min )
    Carvana Boosts Profit Forecast as Turnaround Gains Momentum
    (Bloomberg) -- Carvana Co. raised its profit outlook as the used-car retailer said the momentum it saw from an early-year turnaround is carrying into the third quarter.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureTycoon Who Gave Away $750 Million Sees Profit in Loans to PoorTesla CFO Kirkhorn Exits With $590 Million FortuneWall Street WhatsApp, Texting Fines Exceed $2.5 BillionAdjusted earnings before inter  ( 31 min )
    It’s Disney Earnings Day. The Kingdom’s Magic Is Missing.
    Wall Street has many worries, including softer demand for Disney+ and weak performance at the box office.  ( 26 min )
    Twilio Boosts Guidance. Why This Analyst Is Optimistic on Revenue and Profitability.
    The software company lifted its adjusted operating income guidance for the year.  ( 26 min )
    Rivian Earnings Impressed. Wall Street Is Lifting Stock Price Targets.
    Tuesday evening, electric-vehicle start-up Rivian reported strong second-quarter numbers, and increased production guidance. Analysts and investors are happy.  ( 26 min )
    Luminar’s Sales Growth Is Set to Accelerate. The Self-Driving Car Stock Is Rising.
    Lidar maker Luminar Technologies reports second-quarter results in line with Wall Street expectations and maintains full-year financial guidance.  ( 26 min )
    5 Things to Know Before Markets Open
    Shares of Penn Entertainment surged after it struck a branding deal with ESPN and shares of online loan provider Upstart dove after its lower-than-expected quarterly revenue forecast. Here’s what investors need to know today.  ( 19 min )
    Analyst Report: Viatris Inc
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    Analyst Report: Allstate Corp (The)
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    Analyst Report: Goodyear Tire & Rubber Co.
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    Stocks attempt to recover with inflation, Disney in focus: Stock market news today
    Stock futures rose Wednesday, looking to shake off losses driven by banking-sector worries, as attention shifted to a key US inflation report in the wake of disappointing Chinese price data.  ( 31 min )
    Daily Spotlight: Values in Financials and Technology
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    Technical Assessment: Neutral in the Intermediate-Term
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    Futures rise after selloff, all eyes on CPI data
    Philadelphia Fed President Patrick Harker said on Tuesday the U.S. central bank may be at the stage where it can leave interest rates where they are, barring any abrupt change in the direction of recent economic data. However, some central bank officials are still leaning the other way, with Fed Governor Michelle Bowman on Monday saying the combination of still-elevated inflation and continued economic growth meant further rate increases are likely. Wall Street's main indexes ended the previous session lower in a broad selloff after the downgrading of several small and mid-sized banks by credit rating agency Moody's reignited fears about the health of U.S. lenders and the economy.  ( 32 min )
    Daily – Vickers Top Buyers & Sellers for 08/09/2023
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    Daily – Vickers Top Insider Picks for 08/09/2023
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    These Stocks Are Moving the Most Today: Upstart, Penn, Lyft, Doximity, Rivian, Akamai, Twilio, Disney, and More
    Shares of Upstart fall sharply after the artificial-intelligence lending company issues a third-quarter earnings and revenue forecast that was below expectations, while Penn Entertainment surges after striking a deal with ESPN.  ( 27 min )
    Oil Rallies to Highest Since November on Black Sea Risks
    (Bloomberg) -- Oil was steady — after closing at the highest since mid-April on concerns about a possible escalation of the conflict between Ukraine and Russia — ahead of data that may show swelling US crude stockpiles. Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionTesla CFO Kirkhorn Exits With $  ( 31 min )
    Struggling Chinese graduates return to hometowns as job market sags
    Almost half of Chinese undergraduates returned to their hometowns last year within six months of graduation, state media reported, with the proportion rising to 47% from 43% in 2018 amid a sagging job market. Feeling the pinch of rising living costs, jobless Chinese youth have been leaving mega-cities, traditionally the stepping stone to middle-class wealth and beyond, for their hometowns with a slowing economy this year further pushing them away. The proportion of undergraduates returning home six months after graduation climbed to 47% in 2022 from 43% in 2018, state-run China News Service reported on Tuesday, citing a private sector survey.  ( 30 min )
    Country Garden Default Would Be Worse Than Evergrande, BI Says
    (Bloomberg) -- China’s former biggest builder Country Garden Holdings Co. has joined the ranks of once-strong developers that are deferring millions of dollars in payments, underscoring the sector’s entrenched debt woes.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionTesla CFO Kirkhorn Exits With $  ( 32 min )
    It’s Disney Earnings Day. The Kingdom’s Magic Is Missing.
    Wall Street has many worries, including softer demand for Disney+ and weak performance by the company's movies at the box office.  ( 26 min )
    The Market’s Skeptics Are Giving Up. It’s Time to Worry.
    A capitulation among market naysayers comes just as market risks are rising. Consider protecting some of your 2023 gains with this hedging strategy.  ( 26 min )
    Alibaba, Tencent’s $66 Billion Party Starts to Fade
    (Bloomberg) -- China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market value since May’s end, propelled by expectations of a gradual return to pre-crackdown growth and a litany of official promises to unshackle the private sector. Yet some investors warn the celebration may be premature.Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureWall S  ( 34 min )
    China's consumer prices fall in July as deflation risks build
    China's consumer prices posted their first annual decline in more than two years in July, while factory gate prices extended their falls, data showed on Wednesday, as lacklustre demand weighed on the economy. The only bright spot was that the core CPI rebounded to 0.8% due to seasonal tourism during the summer, but I am afraid that it may lack sustainability. Given the base remained high last year, CPI will hardly rebound significantly in the second half of the year.  ( 31 min )
    China tips into deflation as efforts to stoke recovery falter
    BEIJING (Reuters) -China's consumer sector fell into deflation and factory-gate prices extended declines in July, as the world's second-largest economy struggled to revive demand and pressure mounted for Beijing to release more direct policy stimulus. Anxiety is rising that China is entering an era of much slower economic growth akin to the period of Japan's "lost decades", which saw consumer prices and wages stagnate for a generation, a stark contrast to the rapid inflation seen elsewhere. China's post-pandemic recovery has slowed after a brisk start in the first quarter as demand at home and abroad weakened and a flurry of policies to support the economy failed to shore up activity.  ( 32 min )
    Dow Jones Futures: Market Rally Holds Key Support, For Now; Two Big AI Losers Late
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    Boeing says incentives needed to compete for Pentagon's 'next franchise programs'
    A Boeing official told the county council that sites other than St. Louis have been considered for the aerospace manufacturer's proposed $1.8 billion expansion project, which would include construction of multiple buildings totaling one million square feet.  ( 13 min )
    This Is the Biggest Investment in High-Speed Internet Ever — and These Stocks Are Set to Reap the Rewards
    At the end of June, the Biden Administration unveiled an ambitious goal to ensure reliable broadband internet access for the entire US, even the most remote rural areas. The project will involve a federal outlay of $42 billion, allocated to the states over the next two years. The President touts the initiative as a move to close the ‘digital gap’ that separates the haves and have-nots in the world of high-speed connectivity. “It’s the biggest investment in high-speed internet ever, because for t  ( 34 min )
    Tycoon Who Gave Away $750 Million Sees Profit in Loans to Poor
    (Bloomberg) -- He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought they still earned too much. He gave away almost all his wealth to a handful of employees, content with his small house and a $5,000 car.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Excee  ( 35 min )
  • Open

    S&P Gains and Losses Today: Index Falls as Tech Stocks Lose Ground
    The S&P 500 dipped 0.7% on Wednesday, Aug. 9, 2023 as tech stocks fell ahead of Thursday's key consumer inflation report.  ( 1 min )
    Markets Fall at Midday as Tech Stocks Sink
    U.S. equities declined at midday on Wednesday, Aug. 9, 2023, after the latest batch of earnings reports and ahead of key inflation data.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of Penn Entertainment surged after it struck a branding deal with ESPN and shares of online loan provider Upstart dove after its lower-than-expected quarterly revenue forecast. Here’s what investors need to know today.  ( 1 min )
  • Open

    NU+ | Dit vinden jullie van de buurtwinkel: 'Handig, maar absurd duur'
    Buurtwinkels worden in hun voortbestaan bedreigd, meldde NU.nl zondag. Veel NUjij'ers hopen dat ze blijven bestaan, maar gaan zelf meestal naar een grote supermarktketen. Waarom willen ze het één, maar doen ze het ander? Een greep uit de reacties.  ( 4 min )
    Stelling | 'Ik vind 15 cent niet de moeite waard om mijn blikjes voor in te leveren'
    Op NU.nl vind je elke dag een stelling die bij het nieuws past. Lang niet alles waar statiegeld op zit wordt ingeleverd, bleek maandag. Lever jij je blikjes in, of gooi je ze nog steeds in de prullenbak? Is 15 cent statiegeld de moeite waard? Breng je stem uit en discussieer mee.  ( 3 min )
    NU+ | Winsten banken komen ze aanwaaien: is extra belasting een goed idee?
    ABN AMRO en ING zagen hun winst afgelopen kwartaal verdubbelen. Belangrijkste oorzaak is de serie renteverhogingen van de Europese Centrale Bank. In Italië en andere landen wordt gewerkt aan een extra bankenbelasting voor overwinsten. Of dat ook in Nederland een goede zet is, vragen experts zich af.  ( 4 min )
    Gasprijs schiet voor het eerst in maanden omhoog door onrust in Australië
    De marktprijs voor gas is woensdagmiddag omhooggeschoten. Op de Amsterdamse gasbeurs steeg de prijs met meer dan een derde tot ruim 43 euro per megawattuur. Dat is het hoogste niveau sinds mei. De oorzaak is een dreigende staking in Australië.  ( 3 min )
    NU+ | Droogte van 2023 ontstond razendsnel en verdween in één klap
    Eerst viel er zes weken geen spat regen, daarna kreeg Nederland juist zes weken wisselvallig weer. Sinds 22 juli halveerde het neerslagtekort zelfs bijna. Hoe uitzonderlijk is de snelheid van het ontstaan en verdwijnen van de droogte van 2023?  ( 4 min )
    Verhuurder vraagt faillissement van koopjesketen Big Bazar aan
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    Italiaanse bankenbelasting op overwinsten afgezwakt na paniek bij beleggers
    Italië heeft binnen een dag de plannen voor een extra belasting op overwinsten van banken al afgezwakt. Beleggers raakten na de aankondiging van de maatregel in paniek en verkochten aandelen in Italiaanse banken. Om ze te kalmeren, begrenst de regering de extra belasting.  ( 3 min )
    Farmabedrijf op een na waardevolste bedrijf van Europa dankzij 'wondermiddelen'
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    Moederbedrijf Essent waarschuwt voor dure energie bij koude winter
    Hoewel energie nu veel goedkoper is dan vorig najaar, kunnen prijzen bij een koude winter weer snel oplopen. Daarvoor waarschuwt E.ON, het Duitse moederbedrijf van Essent en Energiedirect. "De energiecrisis is nog niet helemaal voorbij", zegt bestuurder Leonhard Birnbaum.  ( 3 min )
    Inleveren blikjes nog steeds chaos, maar volgens Ahold 'kwestie van wennen'
    Klanten en winkelmedewerkers moeten nog wennen aan het inleveren van blikjes voor statiegeld. "Iedereen is erbij gebaat dat het goed verloopt", zegt topman Frans Muller van supermarktconcern Ahold Delhaize.  ( 4 min )
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    De koers van het aandeel Novo Nordisk is deze week omhooggeschoten. Dat gebeurde nadat uit onderzoek was gebleken dat een diabetesmedicijn van het Deense farmaceutische bedrijf, dat ook effectief is als afslankmiddel, ook goed werkt tegen hart- en vaatziekten.  ( 3 min )
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    Klanten en winkelmedewerkers moeten nog wennen aan het inleveren van blikjes voor statiegeld. "Iedereen is erbij gebaat dat het goed verloopt", zegt topman Frans Muller van supermarktconcern Ahold Delhaize.  ( 4 min )
    Ahold Delhaize ziet winst dalen door hogere energiekosten
    Ahold Delhaize heeft de winst in het afgelopen kwartaal zien dalen. Het supermarktconcern had last van onder meer hogere energiekosten en stakingen in België.  ( 3 min )
    ABN AMRO boekt meer winst dankzij hogere rente
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  • Open

    Decibel Therapeutics Shares Soar on Acquisition by Regeneron Pharmaceuticals
    Shares of Decibel Therapeutics skyrocketed after Regeneron Pharmaceuticals agreed to buy the biotech firm for up to $213 million to expand its gene therapy pipeline.  ( 1 min )
    Why Amazon’s In Talks For Anchor Investor In Arm IPO? The Answer’s In The Cloud.
    Amazon is reportedly in talks to become an anchor investor in the IPO of Arm Ltd., a British semiconductor and software design company. The IPO, expected to be one of the largest this year, could help Amazon boost its cloud business.  ( 1 min )
    WeWork Doubts Its Own Survival, Shares Crater
    The reluctance of workers to return to the office, its checkered financial history, and considerable losses have led flexible workspace provider WeWork to express "substantial doubt" over its ability to remain in business.  ( 1 min )
    Penn Entertainment Shares Jump After $2 Billion Sportsbook Deal With Disney's ESPN
    Penn Entertainment shares surged after inking a $2 billion deal to rebrand and relaunch its sportsbook as ESPN Bet.  ( 1 min )

  • Open

    WeWork Raises Doubt About Its Survival
    WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and a dwindling cash pile amid major changes in the way people work.  ( 29 min )
    Bud Light May Never Recover From The Controversy That Cost $400 Million In Lost US Sales – 'They Want To Enjoy Their Beer Without A Debate,' Anheuser-Busch CEO Says
    Bud Light may never recover from the ongoing controversy surrounding the brand, according to an anonymous beer distributor who spoke to the New York Post on July 31. Many more Anheuser-Busch InBev distributors have resigned themselves to their painful Bud Light losses and have given up on luring customers back following the controversial ad campaign. During the past few months, the company experienced hiring freezes and mass layoffs. Beer truck drivers face heckling and harassment. The revelatio  ( 32 min )
    Top CD Rates Today: New 5.75% Leader Unveiled, Plus Four More Top-Tier Options
    Today's top three nationwide CD rates are 5.75% from Andrews Federal Credit Union, 5.75% from INOVA Federal Credit Union, and 5.65% from Dow Credit Union.  ( 20 min )
    Moody's reminds investors that regional banks aren't out of the woods yet
    Mid-sized banks stocks fell Tuesday after Moody's downgraded 10 institutions, citing higher funding costs and lower profitability.  ( 34 min )
    Beer billionaire Jim Koch buys a random stock every 2 weeks - and trusts his former babysitter to execute his trades
    Boston Beer Company's cofounder spent about $140 on two shares of Procter & Gamble more than six decades ago. They're worth $20,000 today.  ( 32 min )
    Rivian Raises Production Forecast as Results Surprise Wall Street
    The EV maker reported a per-share loss of $1.08 while Wall Street had expected a loss of $1.43.  ( 26 min )
    Super Micro Computer Revenue Outlook Disappoints Amid AI Buzz
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    (Bloomberg) -- Twilio Inc. shares rose in extended trading after the software company raised its profit outlook for the year and reported quarterly sales and profit that topped analysts’ estimates.Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionMusk Says He May Need Surgery, Will Get MRI on Back and NeckThe Global South Breaks Away From the US-Led World OrderBillionaire Desmarais Family Quietly Reshapes a F  ( 31 min )
    Cannabis Maker Tilray's Shares Rise After Buying 8 Anheuser-Busch InBev Brands
    Shares of Tilray Brands skyrocketed after the maker of marijuana products and craft beer purchased eight beer and beverage brands from Budweiser parent Anheuser-Busch InBev.  ( 18 min )
    INTERVIEW: Dutch Bros Raises Guidance as Profit Doubles, Chooses Christine Barone as Next CEO
    Dutch Bros Inc. (NYSE: BROS) posts 103% rise in second-quarter Ebitda Revenue rose 34% in second quarter to $250 million on new locations, same shop sales Raises full-year Ebitda guidance to $135 million and $140 million President Christine Barone will become CEO and President in January 2024 Current CEO Joth Ricci to leave after five […]  ( 32 min )
    Lyft earnings surprised Wall Street and the stock initially spiked, but now it's tanking
    Lyft's earnings have a flat tire or two in them. Yahoo Finance analyzes.  ( 32 min )
    A record share of Americans think it's a bad time to buy a home
    In the latest survey from Fannie Mae measuring housing sentiment, 82% of respondents said now is a bad time to purchase a house — a record high.  ( 33 min )
    Coupang Sustains Profit Streak, Sees Logistics Investments Pay Off
    (Bloomberg) -- Coupang Inc., the online retailer popular in South Korea for dawn and one-day delivery, posted its fourth straight quarterly profit after investments in logistics and membership programs helped shore up margins.Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionMusk Says He May Need Surgery, Will Get MRI on Back and NeckThe Global South Breaks Away From the US-Led World OrderBillionaire Desmarai  ( 31 min )
    Stocks fall as Moody's bank downgrade adds to August woes: Stock market news today
    Stocks remained under pressure but recovered from steeper losses after a warning about US bank health and surprisingly weak Chinese trade data sent shivers through markets.  ( 31 min )
    Moody's downgrades banks over risks. Here are the 10 impacted.
    Ratings agency says its also watching some of nation's biggest lenders for possible cuts amid ongoing financial strain.  ( 31 min )
    Occidental Petroleum raises full-year production guidance after bountiful Q2
    Oxy exceeded production guidance for the second quarter in the Permian Basin and the Rockies. Here's what else is happening for the upstream energy company.  ( 13 min )
    Nvidia Launches New Chip Platform To Cash In on Generative AI Demand
    Chipmaker Nvidia has announced the release of its next-generation chip to capitalize on the demand for AI models and lower costs for developers.  ( 19 min )
    Is TLRY Stock A Buy After Tilray Buys Beer Brands From Anheuser-Busch?
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    Oil Rises as Russia-Ukraine Escalation Threatens Supply Turmoil
    (Bloomberg) -- Oil reversed losses after Ukrainian President Volodymyr Zelenskiy said his country would retaliate if Russia continues to block Ukrainian ports.Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksMusk Says He May Need Surgery, Will Get MRI on Back and NeckWall Street WhatsApp, Text-Message Fines Exceed $2.5 BillionThe Global South Breaks Away From the US-Led World OrderChina’s Trade Plunges More Than Forecast in Blow to RecoveryZelenskiy’s warning tr  ( 31 min )
    Palantir Is Still Not Showing Its AI Superpower
    On Monday, Palantir Technologies Inc (NYSE: PLTR) reported 13% revenue growth while also issuing third quarter guidance that topped estimates, implying an acceleration in revenue growth. As for the AI hype, Palantir CEO Alex Karp emphasized that the data company aims to do much more than merely produce a computer-generated poetry tool like Microsoft Corporation (NASDAQ: MSFT)-backed ChatGPT that risks being disapproved by some, with the company still figuring out how to monetize the technology i  ( 32 min )
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    Nothing hurts like an empty nest egg.  ( 32 min )
    Why Americans plan to take Social Security earlier, and even leave retirement money behind
    More Americans plan to claim Social Security benefits for retirement earlier than later, even if it means leaving money behind. Here's why.  ( 31 min )
    Hot July Stock Market as Recession Risks Fade
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    Short-seller Hindenburg has fueled a massive wealth wipeout for 3 of the world's richest men this year
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    Eli Lilly, Novo Nordisk stocks soar after weight-loss drug trial boosts outlook
    Novo Nordisk's trial showing its weight-loss drug reduces sudden heart attack sends its stock— and that of Eli Lilly's — soaring.  ( 33 min )
    Rivian earnings preview: Production guidance and demand story in focus
    Electric adventure vehicle maker Rivian is on deck to report second quarter earnings after the bell on Tuesday, following a recent run-up in its stock fueled by positive headlines.  ( 32 min )
    Tilray to Buy Eight Beverage Brands for $85 Million From AB InBev
    (Bloomberg) -- Tilray Brands Inc. shares jumped the most since February 2021 after the cannabis and consumer packaged goods company agreed to buy eight beer and beverage brands from the owner of Budweiser.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Text-Message Fines Exceed $2.5 BillionThe Global South Breaks Away From the US-Led World OrderChina’s Trade Plunges More Than Fore  ( 32 min )
    Stocks trending in afternoon trading: Beyond Meat, Eli Lilly and Palantir
    Several stocks moved near 20% in either direction on Tuesday afternoon following earlier earnings reports.  ( 33 min )
    US Oil Output to Hit Record This Year, Helping Counter Saudi Cuts
    (Bloomberg) -- US oil production this year will rise faster than previously expected, providing additional crude supplies to a market that has tightened because of Saudi Arabian output cuts, according to a new government forecast.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksThe Global South Breaks Away From the US-Led World OrderWall Street WhatsApp, Text-Message Fines Exceed $2.5 BillionChina’s Tra  ( 31 min )
    UAW angrily tosses Stellantis contract offer in trash
    The United Auto Workers (UAW) union said Tuesday Chrysler-parent Stellantis is seeking numerous concessions in ongoing contract talks including cuts to existing medical coverage. The UAW also said the company opposes an end to two-tier wages, a practice of newer workers getting paid much less than veteran workers. The UAW is seeking more than 40% pay raises over four years, significant additional time off and a restoration of defined benefit pensions previously eliminated for newer workers.  ( 30 min )
    Stocks under pressure amid worries about US banks and China: Stock market news today
    Stocks remained under pressure but somewhat recovered from steeper losses in afternoon trading on Tuesday after a warning about US bank health and surprisingly weak Chinese trade data sent shivers through markets.  ( 31 min )
    Analyst Report: Shopify Inc
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    Analyst Report: DTE Energy Co.
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    Analyst Report: KKR & Co. Inc.
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    Teamsters accuse Yellow of WARN Act violations, seek class-action status
    Yellow Corp. now faces a lawsuit from Teamsters members claiming its recent layoffs violated a federal act that required it to inform employees in advance. The company avers that it qualified for an exception.  ( 11 min )
    'People Are So Silly': Joe Rogan Drinks Bud Light, Blasts Boycott Over Dylan Mulvaney During Podcast — Could This Be A Turning Point For The Battered Beer Brand?
    Bud Light received mixed reactions after partnering with transgender social media influencer Dylan Mulvaney in April. But renowned podcaster and comedian Joe Rogan still enjoys the brew. In a recent episode of "The Joe Rogan Experience" podcast, he cracked open a can of Bud Light with country music star Zach Bryan. "And we're drinking Bud Lights, ladies and gentlemen. Sorry. There's nothing wrong with it," Rogan said. "People are so silly. We were just talking about silliness. One person made a  ( 33 min )
    The S&P 500 Is Falling Again. Here’s How Much Further It Could Slide.
    Enough selling pressure could push the S&P 500 to 4300, a level it last saw in June.  ( 26 min )
    Tesla CFO Departure Means Stock Sales Could Be Coming
    Outgoing Tesla Chief Financial Officer Zachary Kirkhorn is the beneficial owner of about 2.7 million shares of Tesla stock. He could choose to monetize them soon.  ( 26 min )
    Moody's Downgrades Credit Ratings For 10 Banks, Puts Six Others On Notice
    Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.  ( 18 min )
    Datadog Shares Tumble on Softer Outlook and Drags Down Cloud Stocks
    The company warned that some larger cloud customers are continuing to take a conservative approach to spending.  ( 26 min )
    Why Doesn’t Berkshire Hathaway Pay a Dividend?
    Berkshire Hathaway is sitting on $144 billion, but CEO Warren Buffett believes there are better ways to use the spare cash than paying dividends.  ( 21 min )
    International Flavors Drops 20% on Softening Consumer Demand
    (Bloomberg) -- International Flavors and Fragrances Inc. fell after slashing its full-year sales guidance as customers pull back on spending while working through their stashes of products instead of replenishing their pantries. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches a Stablecoin in Latest Crypto Payments PushThe Global South Breaks Away From the US-Led World OrderHSBC Execu  ( 31 min )
    Dow Slides 450 Points. Fear Gauge Spikes.
    The Dow Jones Industrial Average fell more than 400 points in Tuesday morning trading as a wave of negative headlines spiked the market's fear gauge. The Dow was down 447 points, or 1.3%, shortly after 10:30 a.m. ET. The S&P 500 was down 1.1%, while the Nasdaq Composite was down 1.4%. After fallin  ( 12 min )
    Stock Market Tumbles As Earnings, China Send Chill; Only This Sector Escapes Selling
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    Just 5 Stocks Produce 10% Of $75.7 Trillion Global Stock Market Wealth, Study Shows
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    No longer a $3 trillion company, Apple shares keep sliding week after fiscal Q3 earnings
    The Cupertino-based tech titan has lost its standing as a $3 trillion company.  ( 11 min )
    Soaring sales of diabetes drug Mounjaro, widely used for weight loss, sends Eli Lilly to new heights
    Eli Lilly’s diabetes treatment Mounjaro, which is widely used for weight loss, raked in nearly $1 billion in second-quarter sales, or more than $200 million above what Wall Street had expected. Shares of the drugmaker soared to an all-time-high early Tuesday after Lilly said Mounjaro sales swelled more than 70% since the first quarter to $980 million. The U.S. Food and Drug Administration approved the drug at the end of last year's second quarter to treat type 2 diabetes, but analysts see a lot of potential for it in the booming market for weight-loss treatments, and doctors have already been prescribing it off-label for that.  ( 30 min )
    DraftKings upgraded, Home Depot downgraded: Wall Street's top analyst calls
    DraftKings upgraded, Home Depot downgraded: Wall Street's top analyst calls  ( 33 min )
    3 reasons why the stock market rally may be stopped in its tracks
    One top Wall Street strategist makes a compelling case for a pause in the market rally.  ( 32 min )
    2 ‘Strong Buy’ Penny Stocks That Could Rally All the Way to $10 (or More)
    Finding solid returns is the key to success in stock investing, but there are almost as many paths to that as there are investors. You can pack your portfolio with long-term stocks featuring slow appreciation; you can invest heavily in trending stocks that are riding a bubble, hoping to cash out at the right time; or you can buy into low-cost equities that feature high potential to boom. That last is the allure behind the penny stocks. Traditionally priced for a dollar or less per share, today t  ( 35 min )
    M&T Bank, Pinnacle and Commerce Bancshares Stocks Drop After Moody's Downgrades Regional Banks
    Moody's Investors Service cut the credit ratings of 10 U.S. regional banks and said it was reviewing the ratings of six other institutions, pointing to lower profits and higher funding costs. Shares of M&T Bank (MTB), Pin  ( 24 min )
    International Flavors Stock Is Worst Performer in the S&P 500. Here’s Why.
    The stock falls sharply after the scent and flavor maker cuts its full-year sales outlook.  ( 26 min )
    Tesla’s New CFO Now Has Two Jobs and a Lot of Question Marks
    (Bloomberg) -- Tesla Inc. has a long history of promoting talent from within. Outside hires don’t last for very long in the carmaker’s scrappy, hard-charging culture, and it takes a certain stamina to work for Elon Musk.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckUS Bank Shares Drop After Moody’s Cuts Ratings, Warns on RisksThe Global South Breaks Away From the US-Led World OrderEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches  ( 32 min )
    $600,000 Will Buy You This Much Retirement
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    Palantir Stock Rises After Post-Earnings Wobble. It’s the Gold Standard in AI, Says This Analyst.
    Palantir stock was rising early Tuesday after a drop following its earnings report. All eyes are on the progress of its artificial-intelligence platform after a stunning rally this year so far.  ( 27 min )
    The Retirement Change Your Financial Advisor May Be Getting Wrong
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    Why JPMorgan Says To Avoid Withdrawing This Much From Your Retirement Accounts
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    EV Parts Maker Proterra Files For Bankruptcy
    Seeking protection from creditors while continuing to operate, EV parts supplier Proterra filed for Chapter 11 bankruptcy. The company's stock fell more than 65% in pre-market trade on Tuesday.  ( 17 min )
    Rivian Stock: EV Automaker's Earnings Due, After Q2 Delivery Beat
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    Ask an Advisor: Should I Delay Social Security and Rely on My 401(k) for 8 Years? I Have $750k in Savings and a Pension
    Is it a viable plan to use my 401(k) for the eight years between retirement (age 62) and the max payout age for Social Security (age 70)? I have about $750,000 and I’m planning to take about $1,700 per month. I already have a pension of about $1,500 per month. –Lynne Waiting to file for […] The post Ask an Advisor: Should I Delay Social Security and Rely on My 401(k) for 8 Years? I Have $750k in Savings and a Pension appeared first on SmartReads by SmartAsset.  ( 32 min )
    Rivian’s Results Are Coming. These Numbers Matter More Than Sales or Earnings.
    The EV maker produced and sold about 10% more vehicles than expected in the second quarter.  ( 26 min )
    Uber CEO Shocked By The Cost Of A 2.9-Mile Ride: 'Oh My God. Wow.' But Company Celebrates First-Ever Operating Profit Of $394 Million
    Sometimes, regular riders may be shocked by the cost of an Uber ride, but it's not something you'd expect the company's CEO to encounter. But Wired Editor at Large Steven Levy recently took a 2.95-mile Uber ride in New York City to meet Uber Technologies Inc. CEO Dara Khosrowshahi. When Levy asked Khosrowshahi to estimate the ride's cost, he casually put it at $20. Much to everyone's surprise, the price turned out to be $51.69, including a tip for the driver. "Oh, my God. Wow," Khosrowshahi excl  ( 33 min )
    Dish, EchoStar To Merge In Deal Targeting 5G Network Build-Out
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    Dow Jones Futures Fall 250 Points On Moody's Bank Downgrades; Palantir Slides On Earnings
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    US Bank Shares Drop After Moody’s Cuts Ratings, Warns on Risks
    (Bloomberg) -- Moody’s Investors Service lowered credit ratings for 10 small and midsize US banks and said it may downgrade major lenders including U.S. Bancorp, Bank of New York Mellon Corp., State Street Corp., and Truist Financial Corp. as part of a sweeping look at mounting pressures on the industry.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches a Stablecoin in Latest Crypto Pay  ( 32 min )
    Lilly Stock Rockets After Diabetes Powerhouse Mounjaro Drives Beat And Raise
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    Who is new Tesla CFO Vaibhav Taneja? Wall Street favorite Zach Kirkhorn’s replacement is largely a blank slate for investors
    The Delhi-trained public accountant with big shoes to fill has kept a low profile since joining Tesla in 2016—a very low profile.  ( 33 min )
    Hanesbrands Draws Activist Investor Seeking to Shake Up Underwear Maker
    Barington Capital is pushing the company to find new directors, and possibly a new CEO.  ( 25 min )
    UPDATE 2-Novavax posts quarterly profit on COVID vaccine sales
    Novavax reported a second-quarter profit on Tuesday, helped by strong revenue from its COVID-19 vaccines, but still trimmed its full-year forecast for sales of the shot. The biotech company also entered into a stock purchase agreement with SK Bioscience Co, under which Novavax will issue 6.5 million shares to the South Korean company at $13 per share. Shares of Novavax were up 19% at $8.95 in premarket trading.  ( 31 min )
    AMD Stock: One Chart Explains the Mega-Rally
    Advanced Micro Devices (AMD) shares have jumped 80% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 31 min )
    Li Auto Earnings Boom, Delivery Guidance Strong, But Tesla Rival Backs Off Record High
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    UPS lowers full-year outlook, posts drop in Q2 results
    UPS’ full-year guidance change reflects the volume and cost impact from labor negotiations with the Teamsters. The post UPS lowers full-year outlook, posts drop in Q2 results appeared first on FreightWaves.  ( 31 min )
    Dish, EchoStar to Merge. It’s a Challenge to AT&T and Verizon.
    Billionaire Charlie Ergen is planning to combine pay-TV provider Dish Network and satellite-communications company EchoStar.  ( 26 min )
    Novo Nordisk Stock Surges as Weight-Loss Drug Cuts Risk of Cardiovascular Events
    Results of a study looking at whether Novo Nordisk's Wegovy reduces the risk of heart attack and stroke are released Tuesday.  ( 27 min )
    Datadog Earnings Beat, But Software Stock Plunges On Weak Revenue Guidance
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    Analyst Report: National Fuel Gas Co.
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    Analyst Report: Xcel Energy, Inc.
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    Analyst Report: Berkshire Hathaway Inc.
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    UPS lowers 2023 revenue expectations, citing tentative labor deal with 340,000 unionized workers
    Revenue declined at UPS in the second quarter and the package delivery company lowered its full-year revenue expectations by $4 billion, primarily due to a tentative labor contract reached late last month with its 340,000 unionized workers. UPS reached a tentative deal with the International Brotherhood of Teamsters, potentially averting a strike that threatened to disrupt package deliveries for millions of businesses and households nationwide. Under the agreement, which still needs to be approved by union members, full- and part-time union workers will get $2.75 more per hour in 2023, and $7.50 more by the end of the five-year contract.  ( 30 min )
    Daily Spotlight: Argus's Favored Classes, Segments
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    These Stocks Are Moving the Most Today: Eli Lilly, UPS, U.S. Bancorp, AMC, Palantir, Lucid, Chegg, and More
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    Technical Assessment: Neutral in the Intermediate-Term
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    Market Digest: ETD, MCHP, MSI, NFG, XEL, BRK/B, W
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    Eli Lilly raises annual forecasts as new diabetes drug powers beat
    Eli Lilly beat Wall Street estimates for second-quarter profit on Tuesday, buoyed by strong demand for its new diabetes drugs Mounjaro, ahead of a decision on the medicine's use as a weight-loss treatment. Excluding items, the U.S. drugmaker earned $2.11 per share in the quarter ended June 30, above analysts' average expectations of $1.98.  ( 30 min )
    Rivian’s Wounded Shorts Set for Potential Squeeze
    (Bloomberg) -- Investors betting against Rivian Automotive Inc. have a lot riding on the electric vehicle maker’s results later Tuesday, after a steep rally exposed them to big losses. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches a Stablecoin in Latest Crypto Payments PushThe Global South Breaks Away From the US-Led World OrderHSBC Executive Slams ‘Weak’ UK for Backing US Against  ( 33 min )
    What drove the departure of Tesla’s CFO Zach Kirkhorn?
    Kirkhorn was a key part of Tesla's turnaround over the last five years, says Dan Ives of Wedbush Securities.  ( 31 min )
    Alibaba Slumps After Grim Chinese Data. The S&P 500 Could Follow.
    A plunge in Chinese imports bodes ill for Alibaba. But falling exports holds gloomy signs for the global economy more broadly.  ( 26 min )
    Stocks tumble amid worries about US banks and China: Stock market news today
    Stocks extended their fall on Tuesday after a warning about US bank health and surprisingly weak Chinese trade data sent shivers through markets.  ( 31 min )
    Stocks open lower amid worries about US banks and China: Stock market news today
    Stocks sank at the open on Tuesday, after a warning about US bank health and surprisingly weak Chinese trade data sent shivers through markets.  ( 31 min )
    Stocks slide, weighed down by worries about banks and China: Stock market news today
    Stocks sank on Tuesday, set to open in the red after surprisingly weak Chinese trade data and a warning about US bank health sent shivers through markets.  ( 31 min )
    Daily – Vickers Top Insider Picks for 08/08/2023
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    Daily – Vickers Top Buyers & Sellers for 08/08/2023
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    US bank stocks drop after Moody's downgrade
    The rating agency said rising funding costs, possible decline in deposit levels and weaker profitability pose risks to the banking sector, which went through a crisis earlier this year after the collapse of three lenders. "The Moody's announcement is a wake-up call," Stuart Cole, chief macro economist at Equiti Capital, said.  ( 31 min )
    UPS cuts revenue view on lower e-commerce demand, new labor contract
    Meanwhile, the global shipping downturn, which has hurt margins for the sector, has forced logistic firms to balance costs and capacity to lower demand. UPS now expects 2023 consolidated revenue to be about $93 billion, compared with a prior forecast of about $97 billion. The company expects full-year adjusted operating margin of around 11.8%, compared to its prior forecast of about 12.8%.  ( 31 min )
    Barrick beats quarterly profit estimates on higher gold prices
    Average prices of gold during the reported quarter rose 4.3% compared to last year, nearly touching an all-time high in May as U.S. banking concerns accelerated a rush to the safe-haven asset. The company's average realized gold prices stood at $1,972 per ounce, up from $1,861 per ounce a year earlier. Meanwhile, all-in sustaining costs (AISC) for gold, a key industry metric that reflects total expenses associated with production, rose to $1,355 per ounce from $1,212 per ounce in the year-ago quarter.  ( 31 min )
    Yahoo Finance Chartbook: 50 charts tell the story about markets and the economy right now
    Yahoo Finance asked top analysts, economists, and other industry experts to submit a chart that they think best sums up what's going on in the economy and in markets today.  ( 61 min )
    Yahoo Finance Chartbook: 50 charts tell the story about markets and the economy right now
    Yahoo Finance asked top analysts, economists, and other industry experts to submit a chart that they think best sums up what's going on in the economy and in markets today.  ( 60 min )
    Palantir Stock Rises After Post-Earnings Wobble. It’s the Gold Standard in AI, Says This Analyst.
    Palantir stock was rising early Tuesday after a drop following its earnings report. All eyes are on the progress of its artificial-intelligence platform after a stunning rally this year so far.  ( 27 min )
    Disinflation Spreads Across Emerging Markets and Selloff Deepens
    (Bloomberg) -- A selloff in emerging markets accelerated Tuesday after data releases from China to Hungary underscored the price nations are paying for disinflation: a deeper slowdown in economic growth than initially expected.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches a Stablecoin in Latest Crypto Payments PushHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaTexas Pow  ( 31 min )
    Country Garden misses bond payments as China property fears flare
    Major Chinese property developer Country Garden said on Tuesday it has not paid two dollar bond coupons due Aug 6 worth a total of $22.5 million. The bonds in question are notes due on Feb 2026 and Aug 2030 , both with 30-day grace periods, investors said, citing prospectus. Country Garden said its usable cash has continuously decreased, showing "periodic liquidity stress" due to deterioration in the sales and refinancing environment, and the impact from various fund regulations.  ( 31 min )
    Moody's downgrades 10 US banks, warns of possible cuts to others
    Ratings agency Moody's downgraded the credit ratings of several U.S. banks on Monday and warned it was reviewing the status of some of the nation's biggest lenders. Moody's cut the ratings of 10 U.S. banks by one notch and placed some banking giants on review for potential downgrades. The downgraded banks include M&T Bank, Pinnacle Financial Partners, Prosperity Bank and BOK Financial Corp.  ( 31 min )
    Bitcoin up as market digests PayPal stablecoin launch
    Bitcoin edged up on Tuesday morning in Asia after U.S. multinational payment giant PayPal launched a U.S. dollar-pegged stablecoin on Monday.  ( 32 min )
  • Open

    Group Term Life Insurance: What You Need to Know
    Employer-sponsored group term life insurance is often a free employee benefit. But it may not be enough to cover your family’s needs if you die.  ( 24 min )
    Jewelry Floater Definition
    A jewelry floater is a type of supplemental insurance designed to protect precious jewelry.  ( 21 min )
    Top CD Rates Today: New 5.75% Leader Unveiled, Plus Four More Top-Tier Options
    Today's top three nationwide CD rates are 5.75% from Andrews Federal Credit Union, 5.75% from INOVA Federal Credit Union, and 5.65% from Dow Credit Union.  ( 19 min )
    Consumer Confidence Index (CCI): Definition and What It Indicates
    The Consumer Confidence Index is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation.  ( 24 min )
    S&P Gains and Losses Today: Bank Stocks Tumble on Moody's Downgrade
    The S&P 500 dipped 0.4% on Tuesday, Aug. 8, 2023, as bank stocks lost ground after Moody’s downgrades.  ( 16 min )
    Contributions to 401(k) Savings on the Rise; So Are Withdrawals
    Bank of America study shows 401(k) balances are almost 10% higher as Generation Z and Millennials increase their contribution rates  ( 18 min )
    June Wholesale Inventories Fall, But Remain Elevated Over Last Year
    Wholesale inventories—the stock of goods available for sale by wholesalers and a factor that may influence the country's Gross Domestic Product (GDP)—fell 0.5% to $905.2 billion in June compared to May, but were 1.3% higher over the June last year.  ( 17 min )
    Dwindling Trade Highlights China's Shrinking Role as Workshop of the World
    If you’ve seen fewer “made in China” labels on the products you buy, it’s no accident: trade between the U.S. and its biggest Asian trading partner has diminished as manufacturers have left China for friendlier shores.  ( 18 min )
    Bounty Programs: What it is, How it Works, Criticisms
    Bounty programs are rewards, usually in the form of tokens, to promote an initial coin offering (ICO).  ( 19 min )
    Elon Musk's X Partners With Ad Optimization Company Integral Ad Science
    On Tuesday, Elon Musk's X Corp. entered into an exclusive partnership with Integral Ad Science Holding Corp. (IAS), an ad optimization company, to win back advertisers and address reports of growing hate speech on the platform.  ( 19 min )
    Chegg Shares Jump After Beating Sales Estimates and Promoting Its AI Strategy
    Chegg shares soared after the education technology provider posted better-than-expected sales and laid out its artificial intelligence strategy.  ( 18 min )
    Guide to the Joe Biden Presidency
    One of America's youngest senators and its oldest president, Joe Biden's story includes his accomplishments, life-altering tragedies, and an ambitious vision for America's future.  ( 34 min )
    Cannabis Maker Tilray's Shares Rise After Buying 8 Anheuser-Busch InBev Brands
    Shares of Tilray Brands skyrocketed after the maker of marijuana products and craft beer purchased eight beer and beverage brands from Budweiser parent Anheuser-Busch InBev.  ( 17 min )
    Can You Have a Robo Roth IRA?
    Learn about robo Roth IRAs and if you should consider using a robo-advisor to manage your Roth IRA.  ( 23 min )
    Comparing an Edward Jones Advisor to a Robo-Advisor
    When it comes to money management, there is no lack of choice. Here's a comparison of services from traditional advisors vs. those of a robo-advisor.  ( 25 min )
    What Do AA+ and AAA Credit Ratings Mean?
    AA+ and AAA are two credit ratings provided by Standard and Poor's and Fitch, signifying the highest credit quality. AAA is the highest and one level above AA+.  ( 21 min )
    Accelerated Amortization: Meaning, Example, Pros and Cons
    Accelerated amortization occurs when a borrower makes extra payments toward their mortgage principal, speeding up the settlement of their debt.  ( 20 min )
    Nvidia Launches New Chip Platform To Cash In on Generative AI Demand
    Chipmaker Nvidia has announced the release of its next-generation chip to capitalize on the demand for AI models and lower costs for developers.  ( 17 min )
    TSMC, Bosch, Infineon and NXP Enter Joint Venture to Build $11 Billion Plant in Germany
    TSMC, Bosch, Infineon and NXP will build an $11 billion chip plant in Dresden, Germany, with production expected to begin by the end of 2027.  ( 17 min )
    Life Insurance in a Qualified Retirement Plan
    Buying life insurance in a qualified retirement plan offers tax benefits, but this strategy can also be expensive and complex to manage. Here are the pros and cons.  ( 26 min )
    Federal Reserve Regulations Definition
    Federal Reserve regulations are rules put in place by the Federal Reserve Board to regulate the practices of banking and lending institutions, usually in response to laws enacted by the Congress.  ( 26 min )
    UPS Q2 Revenue Fell Short on Weaker Consumer Spending, Labor Negotiations
    United Parcel Service, the world's biggest package delivery company, posted mixed second-quarter results on Tuesday, beating on earnings but falling short on revenues.  ( 17 min )
    New Indications Definition
    New indications is a term used to refer to evidence signifying that there may be new applications for an existing drug or procedure.  ( 18 min )
    Basket Deductible Definition
    A basket deductible is a single deductible that is designed to pay for losses from different types of risks. It is designed to reduce the risk associated with business transactions by outlining indemnification.  ( 19 min )
    Harvard Business School Definition
    Harvard Business School is an internationally renowned business school located at Harvard University in Boston, Massachusetts.  ( 21 min )
    Only 10% Of Non-Retired Americans Will Wait Until 70 To Claim Social Security
    In a survey, 44% said they are concerned Social Security may run out of money and stop making payments.  ( 18 min )
    Amazon Adds Second Prime Day-Style Event in October
    Amazon (AMZN) said on Tuesday it will be hosting a second Prime Day-style event in October named "Prime Big Deal Days," in an effort to lure shoppers ahead of the holiday season.  ( 17 min )
    BMO Bank CD Rates: August 2023
    BMO offers a relatively basic CD with special rates for certain terms. Learn about BMO's current CD rates and features to make an informed decision and grow your savings.  ( 20 min )
    Bread Savings CD Rates: August 2023
    Check out the current Bread Savings CD rates and see how they compare to the competition. Maximize your savings with flexible and secure CD investments at Bread.  ( 20 min )
    Huntington Bank CD Rates: August 2023
    Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 21 min )
    Interest Rates May Have Reached Their Peak, Fed Official Says
    If you’re feeling the financial pressure from today’s high interest rates on all kinds of loans, relief from a year and a half of rate increases may be on the way.  ( 18 min )
    Citibank Savings Account Interest Rates: August 2023
    Citi offers CDs, checking accounts, bank IRAs, and savings accounts. Learn more about its savings account rates, features, and account requirements.  ( 22 min )
    Markets Plunge at Midday After Bank Downgrades
    U.S. equities sank at midday on Tuesday, Aug. 8, 2023, following bank downgrades by Moody's and data showing credit card debt rose to a record.  ( 17 min )
    PenFed CD Rates: August 2023
    Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.  ( 23 min )
    How to File for Student Loan Bankruptcy
    The process for how to file for student loan bankruptcy is more complex than the process for discharging other types of debt. Learn how to file and what debt qualifies.  ( 29 min )
    Mortgage Rates Dip for a Second Day, With Every Non-Jumbo Average Down
    Rates on 30-year mortgages dropped for a second day, along with almost every new purchase and refi average. But jumbo loan rates meanwhile held steady.  ( 20 min )
    Novo Nordisk ADRs Surge After Wegovy Shown to Reduce Heart Attack, Stroke Risks
    ADRs of Novo Nordisk surged to an all-time high after a study found Novo Nordisk's Wegovy weight-loss drug also helped cut risk of major adverse cardiovascular events by 20%.  ( 17 min )
    Third Federal CD Rates: August 2023
    A certificate of deposit is a good way to save money, especially when interest rates are high or rising. Learn about Third Federal Savings & Loan’s CD rates, term lengths, and more.  ( 20 min )
    Whartonite Definition
    “Whartonite” is a colloquial term used to refer to graduates of The Wharton School of the University of Pennsylvania.  ( 21 min )
    Eli Lilly Beats Estimates and Boosts Its Guidance as Diabetes Drug Sales Soar
    Eli Lilly shares rose to a record after the company posted better-than-expected results and raised its guidance on soaring demand soared for its diabetes drug, Mounjaro.  ( 17 min )
    The Cost of Homeschooling
    Homeschooling is an increasingly popular alternative to traditional schooling. Learn how much it costs the typical family to homeschool.  ( 24 min )
    Vanguard CD Rates: August 2023
    Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 20 min )
    Ally Bank CD Rates: August 2023
    Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 20 min )
    Moody's Downgrades Credit Ratings For 10 Banks, Puts Six Others On Notice
    Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.  ( 18 min )
    Euro Deposit Definition
    A euro deposit is a deposit of foreign currency into a European bank account within the eurozone.  ( 19 min )
    Adjustable Life Insurance: Definition, Pros & Cons, Vs. Universal
    Adjustable life insurance allows policyholders the option to change key features like premiums and the death benefit.  ( 24 min )
    Capital One CD Rates: August 2023
    Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum deposit required.  ( 20 min )
    Small Businesses Remain Pessimistic Due To Inflation, Labor Market Woes
    The NFIB Small Business Optimism Index was slightly better than expected in July but overall small business owners continue to be troubled by prices, hiring, compensation and lower profits.  ( 17 min )
    Chase CD Rates: August 2023
    Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 19 min )
    Billionaire Charlie Ergen to Merge Dish and EchoStar
    Billionaire Charlie Ergen is combining Dish and EchoStar in an all-stock deal to create one big wireless network that could take on AT&T and Verizon.  ( 18 min )
    Beyond Meat Shares Tank As Weaker Consumer Appetite Drags Earnings
    Beyond Meat's revenue declined 30% in the second quarter as consumers pulled back on buying plant-based meat.  ( 17 min )
    CIT Bank CD Rates August 2023
    A certificate of deposit (CD) can be a great way to secure your savings and grow your finances. Learn what CIT Bank CD Rates are and how you can benefit.  ( 21 min )
    The Marshall School of Business at USC: Overview
    The Marshall School of Business at the University of Southern California offers a variety of undergraduate and graduate programs.  ( 21 min )
    Why Doesn’t Berkshire Hathaway Pay a Dividend?
    Berkshire Hathaway is sitting on $144 billion, but CEO Warren Buffett believes there are better ways to use the spare cash than paying dividends.  ( 21 min )
    Texting Employees Cost Wall Street Firms $549M In Fines For Recordkeeping Rules Violation
    How much does it cost to send a text message? For 11 trading firms, the practice of their employees texting about work on their personal devices has cost a combined $549 million in fines from federal regulators.  ( 17 min )
    Columbia Business School Definition
    Columbia Business School is one of the top business and management schools in America and is located at Columbia University in New York City.  ( 21 min )
    EV Parts Maker Proterra Files For Bankruptcy
    Seeking protection from creditors while continuing to operate, EV parts supplier Proterra filed for Chapter 11 bankruptcy. The company's stock fell more than 65% in pre-market trade on Tuesday.  ( 17 min )
    Americans See AI Becoming Part of In-Home Elder Care Services
    Survey shows Americans are receptive to AI tools to help care for them as they age, with Nationwide testing ‘eldercare robotics’ for those with mobility issues.  ( 19 min )
    Earnings Season Was Good For Corporate Profits Even If Revenues Weren't Great
    Slowing revenue growth hasn't dented the profitability of America's biggest firms, as S&P 500 companies found alternative ways of boosting profits.  ( 18 min )
    Is University Prestige Really That Important?
    Getting into a top school does not hurt, but it is not the real driver of who goes on to do well in life, as some provocative research shows.  ( 25 min )
    U.S. Presidents and the Largest Budget Deficits
    Here is a look at which presidents ran the largest federal budget deficits in U.S. history and why, from World War I through President Biden's administration.  ( 24 min )
    5 Things to Know Before Markets Open
    Moody’s cuts the ratings for several banks while warning of downgrading others and UPS lowers its revenue and margins forecast following its new labor contract. Here’s what investors need to know today.  ( 19 min )
    INSEAD: What It Means, History, Programs
    The Institut Europeen d'Administration des Affaires (INSEAD) is a top business graduate school, founded in 1957, with campuses in France, Singapore, and the Middle East.  ( 22 min )
    When Is Grad School Worth It?
    Find out whether going to grad school and your payback from it—earnings, lifestyle, career opportunities—is worth the high cost of tuition.  ( 22 min )
    The History of Insurance in America
    Insurance in the United States dates back to colonial days, when Benjamin Franklin was a property insurance pioneer.  ( 21 min )
    US Government Financial Bailouts
    U.S. bailouts date all the way back to 1792. Learn how the biggest ones affected the economy.  ( 30 min )
    Understanding GLD, UGLD and Other ETF Funds
    Gold ETFs operating as trusts are straightforward. The trust holds gold and issues shares. Learn how ETFs are more efficient than buying physical gold.  ( 21 min )
  • Open

    Cannabis Maker Tilray's Shares Rise After Buying 8 Anheuser-Busch InBev Brands
    Shares of Tilray Brands skyrocketed after the maker of marijuana products and craft beer purchased eight beer and beverage brands from Budweiser parent Anheuser-Busch InBev.  ( 1 min )
    Amazon Adds Second Prime Day-Style Event in October
    Amazon (AMZN) said on Tuesday it will be hosting a second Prime Day-style event in October named "Prime Big Deal Days," in an effort to lure shoppers ahead of the holiday season.  ( 1 min )
    Billionaire Charlie Ergen to Merge Dish and EchoStar
    Billionaire Charlie Ergen is combining Dish and EchoStar in an all-stock deal to create one big wireless network that could take on AT&T and Verizon.  ( 1 min )
    Beyond Meat Shares Tank As Weaker Consumer Appetite Drags Earnings
    Beyond Meat's revenue declined 30% in the second quarter as consumers pulled back on buying plant-based meat.  ( 1 min )
    EV Parts Maker Proterra Files For Bankruptcy
    Seeking protection from creditors while continuing to operate, EV parts supplier Proterra filed for Chapter 11 bankruptcy. The company's stock fell more than 65% in pre-market trade on Tuesday.  ( 1 min )
  • Open

    S&P Gains and Losses Today: Bank Stocks Tumble on Moody's Downgrade
    The S&P 500 dipped 0.4% on Tuesday, Aug. 8, 2023, as bank stocks lost ground after Moody’s downgrades.  ( 1 min )
    Markets Plunge at Midday After Bank Downgrades
    U.S. equities sank at midday on Tuesday, Aug. 8, 2023, following bank downgrades by Moody's and data showing credit card debt rose to a record.  ( 1 min )
    Novo Nordisk ADRs Surge After Wegovy Shown to Reduce Heart Attack, Stroke Risks
    ADRs of Novo Nordisk surged to an all-time high after a study found Novo Nordisk's Wegovy weight-loss drug also helped cut risk of major adverse cardiovascular events by 20%.  ( 1 min )
    Moody's Downgrades Credit Ratings For 10 Banks, Puts Six Others On Notice
    Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.  ( 1 min )
    Earnings Season Was Good For Corporate Profits Even If Revenues Weren't Great
    Slowing revenue growth hasn't dented the profitability of America's biggest firms, as S&P 500 companies found alternative ways of boosting profits.  ( 1 min )
    5 Things to Know Before Markets Open
    Moody’s cuts the ratings for several banks while warning of downgrading others and UPS lowers its revenue and margins forecast following its new labor contract. Here’s what investors need to know today.  ( 1 min )
  • Open

    Steeds meer Nederlanders werken, vooral meer vrouwen aan de slag
    In de afgelopen twintig jaar zijn steeds meer mensen gaan werken in ons land. Momenteel zijn er meer werkenden dan mensen zonder baan. In het tweede kwartaal waren er 120 mensen met betaald werk op 100 mensen die niet werkten.  ( 4 min )
    Aantal vluchten in Europa bijna op oud niveau, weer zorgt voor vertragingen
    Het aantal vluchten in Europa is in juli bijna weer op het niveau van voor de coronapandemie gekomen, meldt de Europese luchtverkeersleidingsdienst EUROCONTROL. Wel zorgde het extreme weer voor veel vertraging.  ( 3 min )
    Vrijwel elke reisaanbieder toont goedkope reizen die helemaal niet te boeken zijn
    Elf van de twaalf reisaanbieders laten op hun website prijzen zien waarvoor de vakantie helemaal niet te boeken is. Dat blijkt uit een controle van toezichthouder ACM. Binnen acht weken moeten de reisaanbieders hun zaken op orde hebben, anders volgen boetes.  ( 4 min )
    Italië gaat overwinsten banken aanpakken met extra belasting
    De Italiaanse regering gaat zogenoemde overwinsten van banken extra belasten, omdat banken profiteren van de oplopende rente. De overheid denkt daarmee 2 miljard euro op te halen voor belastingverlagingen en steun aan starters op de woningmarkt.  ( 3 min )
    Reisaanbieders moeten eerlijke prijzen tonen en stoppen met lokkertjes
    Elf van de twaalf reisaanbieders laten op hun website prijzen zien waarvoor de vakantie helemaal niet te boeken is. Dat blijkt uit een controle van toezichthouder ACM. Binnen acht weken moeten de reisaanbieders hun zaken op orde hebben, anders volgen boetes.  ( 4 min )
    Bijna alle flexwoningen die overheid heeft gekocht staan nog in de opslag
    Om de beschikbaarheid van flexwoningen te stimuleren, kocht de overheid er alvast tweeduizend. Nu blijkt dat er ondanks een nijpend woningtekort nog steeds negentienhonderd in de opslag staan.  ( 4 min )
    Stelling: Ik vind 15 cent niet de moeite waard om mijn blikjes voor in te leveren
    Op NU.nl vind je elke dag een stelling die bij het nieuws past. Lang niet alles waar statiegeld op zit wordt ingeleverd, bleek maandag. Lever jij je blikjes in, of gooi je ze nog steeds in de prullenbak? Is 15 cent statiegeld de moeite waard? Breng je stem uit en discussieer mee.  ( 3 min )
    Oranjegetinte reclames komen pas los als we de halve finale halen
    Doordat de voetbalsters hun WK-wedstrijden midden in de nacht spelen, komen Oranjegetinte reclames en acties vanuit winkeliers nog niet van de grond. De verwachting is dat de Oranjekoorts stijgt als Nederland vrijdag in de kwartfinale ook van Spanje wint.  ( 4 min )
    Chinezen zien export hard afnemen door aarzelende westerse consument
    De Chinese export is in juli voor de derde maand op rij afgenomen. Het land voerde vorige maand 14,5 procent minder uit dan een jaar eerder, de grootste daling sinds het begin van de coronapandemie.  ( 3 min )
    Energie werd flink goedkoper, maar boodschappen zijn fors duurder dan vorig jaar
    Prijzen voor energie zijn in een jaar tijd met meer dan 34 procent gedaald. Desondanks blijft de inflatie met 4,6 procent in juli best hoog. Belangrijkste oorzaak is dat boodschappen nog steeds fors duurder zijn dan vorig jaar.  ( 4 min )

  • Open

    Stocks are headed for a 'boom-bust' fallout as falling inflation sparks an earnings recession, Morgan Stanley's CIO says
    No content preview
    The Future of Hydrogen Power Is Here — and These Stocks Are Leading the Charge
    We’re in the midst of a major economic transition, one that may eventually match the changes of the Industrial Revolution. The change, of course, is the advent of the green economy, and the switch from fossil fuel energy sources to renewable energy. While wind and solar power are soaking up the headlines, a more plausible long-term green power source is already near at hand: hydrogen. Hydrogen, the most common element in the universe, is all around us – highly reactive and non-polluting. When us  ( 35 min )
    Lucid Misses Earnings Estimates. Share Rise Anyway.
    Lucid reported a second-quarter per-share loss of 40 cents from sales of about $151 million. Wall Street was looking for a per-share loss of 34 cents from sales of $182 million.  ( 26 min )
    Electric Vehicle Tech Maker Proterra Files for Bankruptcy
    (Bloomberg) -- Proterra Inc., which makes heavy-duty electric vehicle components like chargers and batteries, filed for bankruptcy on Monday. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatPayPal Launches a Stablecoin in Latest Crypto Payments PushUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaThe Burlingame, California-based com  ( 31 min )
    Apple stock buybacks are still in full swing, and that’s good news for Warren Buffett
    Here's why Apple's stock buybacks are good news for Berkshire Hathaway's Warren Buffett.  ( 33 min )
    3 REITs With Over 6% Dividend Yields That Smashed Earnings
    Nothing warms an investor's heart more than seeing companies in their portfolio with consistently increasing earnings that also beat the analysts' expectations. With dozens of second-quarter real estate investment trust (REIT) earning reports coming out this week, take a look at three REITs with dividend yields above 6% that just beat Wall Street's second-quarter estimates for earnings and revenue. EPR Properties (NYSE:EPR) is a Kansas City, Missouri-based diversified experiential REIT that owns  ( 33 min )
    Over $200 billion of Apple’s market cap has vaporized since Thursday. Here’s what’s going on
    “The gravity of a challenging smartphone market particularly in developed regions that should continue…is a headwind for the stock,” UBS analyst David Vogt said.  ( 33 min )
    RingCentral CEO Steps Down. The Stock Is Tumbling.
    RingCentral posted solid second-quarter results that edged Wall Street estimates, but the cloud-based telecom provider left its full-year view mostly intact.  ( 26 min )
    Top CDs Today: National Rate Leader Holds at 5.75% But Best 3-Year Rate Dips
    Today's top three nationwide CD rates are 5.75% APY from Andrews Federal Credit Union, 5.60% APY from Northern Bank Direct, and 5.55% APY from Sallie Mae Bank.  ( 20 min )
    Anheuser-Busch Selling Shock Top, Blue Point to Cannabis Company Tilray
    The Bud Light owner is selling eight beer and beverage brands for an undisclosed amount to the cannabis company.  ( 26 min )
    Eli Lilly to Report Earnings as Hope Soars for Weight-Loss Drug Mounjaro
    Things couldn't be going much better for the drugmaker. The stock is up about 50% over the past 12 months and nearly 25% so far this year.  ( 26 min )
    Tyson CEO on chicken plant closures: There hasn’t been 'a more challenging time'
    Tyson Foods CEO called the closures an "efficiency play short-term." Here's what happens to employees who work there and more.  ( 32 min )
    Reaching The Finish Line Of The EV Race Is A Daunting Task, One That Some Won't Be Able To Accomplish
    For all those who are not Tesla Inc (NASDAQ: TSLA) or one of the biggest Chinese EV makers, the EV venture is wildly risky ride that makes profitability seem like mission impossible sometimes. Although Kelley Blue Book reported that EV sales skyrocketed 65% last year while automotive sales contracted 8%, the EV adoption is everything but fast as it entails hefty costs. For manufacturers, Tesla made it even harder by starting a price war at the beginning of the year, one that not many are able to  ( 34 min )
    Why did Tesla CFO Zach Kirkhorn unexpectedly step down? 3 theories
    Tesla surprised the Street with news of the departure of its longtime CFO.  ( 33 min )
    China Deflation Threat Grows as Companies Cut Prices to Survive
    (Bloomberg) -- When China abandoned pandemic restrictions after three years of stringent controls, Nie Xingquan was expecting booming sales for his hand-made leather shoes. Instead, demand has been so poor that he’s had to cut prices 3% from a year ago and reduce his profits.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatPayPal Launches a Stablecoin in Latest Crypto Payments PushUkraine Black Sea Dro  ( 33 min )
    Li Auto Earnings Are Coming. Watch for Delivery Guidance.
    Wall Street is looking for a 3-cent per share loss from sales of $1.3 billion. A year ago, Li reported a 2-cent loss from $780 million in sales.  ( 26 min )
    Beyond Meat revenue plummets in the second quarter due to flagging US demand
    Plant-based meat maker Beyond Meat said its revenue plunged 30.5% in the second quarter as consumer demand for its burgers, sausages and other products fell despite price cuts. The El Segundo, California-based company lowered its full-year revenue forecast as a result. International revenue was down 8.7%.  ( 30 min )
    Apple Stock Deserves the Big Selloff. The iPhone 15 Needs to Come to the Rescue.
    The tech titan has had three consecutive quarters of declining sales for the first time since 2016. The stock was the Dow's worst performer on Monday.  ( 27 min )
    Dow Jones Surges 400 Points As Apple, Tesla Stock Slide; Palantir Plunges On Earnings
    No content preview
    Lucid earnings: EV maker reports Q2 revenue, earnings miss; reiterates Gravity SUV on track
    Luxury electric vehicle maker Lucid reported second quarter financials results that the missed the mark, though the automaker reiterated it would hit its annual production target and confirmed the upcoming Gravity SUV would be revealed later this year.  ( 32 min )
    Palantir Boosts Guidance, Sets $1 Billion Stock Buyback Plan
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    With elevated interest rates, securing a mortgage to buy a house can be challenging. But what could be more surprising is how the numbers actually work once you start making mortgage payments. "New mortgage math is brutal," Austen Allred, co-founder and CEO of online coding bootcamp Bloom Institute of Technology, wrote in a recent tweet. Allred explained that if you purchase a $1 million house with a $200,000 down payment and get an $800,000 mortgage at a 7% interest rate, in the first three yea  ( 32 min )
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    (Bloomberg) -- Tyson Foods Inc. will shut down four additional chicken facilities after fiscal third-quarter sales trailed even the lowest of analyst estimates. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampProduction f  ( 32 min )
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    Tyson Foods closing 4 chicken processing plants in cost-cutting move
    Tyson Foods Inc. is closing four chicken processing plants as it looks to lower costs. The company said Monday that the plants being closed are located in North Little Rock, Arkansas; Corydon, Indiana; Dexter, Missouri and Noel, Missouri. Tyson said that it will shift production to other facilities and halt operations at the four plants in the first two quarters of fiscal 2024.  ( 31 min )
    UPDATE 2-Tesla CFO Kirkhorn steps down, replaced by company insider Taneja
    Tesla said on Monday that Zachary Kirkhorn stepped down as its chief financial officer and named Vaibhav Taneja as its new finance chief. Taneja takes on the CFO role in addition to his role as chief accounting officer, the automaker said. Kirkhorn, who stepped down from his role on Friday, will remain with Tesla through the end of the year.  ( 30 min )
    'We've Got A Real Crisis Coming Here — There's No Cash,' Says Shark Tank's Kevin O'Leary, Urging Small Businesses To Apply For This Government Program To Survive
    Kevin O'Leary, the entrepreneur and "Shark Tank" television star, expressed concern over a "crisis emerging" in the United States during a recent interview on Fox Business. O'Leary, who works closely with small and mid-sized businesses, said he doesn't see optimism increasing in the economy as some may suggest. Despite reports of optimism in the data, O'Leary's interactions with businesses across various states reveal a different reality — entrepreneurs are far from content with the prevailing e  ( 32 min )
    Campbell Soup to Acquire Rao’s Parent Company for $2.7 Billion
    Campbell said the deal for Sovos Brands is expected to close in December.  ( 26 min )
    Nikola Stock Is Soaring Again After a Busy Week of News
    Nikola stock has been all over the place. The trend, despite all the volatility, is up. Shares have been boosted by demand for the company's hydrogen fuel cell-powered trucks.  ( 27 min )
    BioNTech Skids As Covid Vaccine-Maker's Sales Plummet And Miss Forecasts
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    Warren Buffett's former deputy who snagged her job with a daring letter says the risk of doing so is 'pretty low' — so why not try
    Tracy Britt Cool likened her approach in reaching out to businesses to applying for college scholarships, saying it takes energy and discipline.  ( 31 min )
    BioNTech Stock Drops. What’s Behind Today’s Fall.
    Sales drop by more than expected in the second quarter, but BioNTech says its new 'variant-adapted Covid-19 vaccine' is still on track.  ( 27 min )
    Bitcoin Prices Will Drop Again, History Says. Brace Yourselves.
    U.S. inflation data due this week could provide fresh catalysts to crypto markets that are in a bit of a slump.  ( 26 min )
    Tyson Foods to Close Four Plants as Chicken Business Slumps
    The company is closing more meat-processing plants as it continues to try to fix its chicken business, while challenges persist across its beef and pork operations.  ( 25 min )
    Tyson Foods Stock Slumps After Earnings, Revenue Miss. Blame Chickens for a Hit.
    The maker of Ball Park hot dogs and other foods closed four chicken facilities to cut costs, recording an impairment charge.  ( 26 min )
    Forcing workers back to the office may be backfiring: Flexible workplaces are hiring talent twice as fast as those requiring full-time attendance
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    Fed’s Williams Says He Sees Restrictive Rates for Some Time
    (Bloomberg) -- Federal Reserve Bank of New York President John Williams sees the need to keep US monetary policy restrictive for some time and said interest-rate cuts may be warranted next year if inflation slows. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaNetanyahu Seeks to Chan  ( 30 min )
    One 'Magnificent 7' Stock Is Still Undervalued, Morningstar Says
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    Tyson Foods to shut four US chicken plants in blow to small towns
    Tyson Foods said on Monday it is closing four more U.S. chicken plants in its latest effort to cut costs. The meat company has grappled with declining profits and struggled to improve results in its chicken business. Tyson said it would move the work performed in the plants to newer facilities that are closer to its customers, but declined to say how many employees were affected.  ( 31 min )
    Tyson Foods misses on quarterly sales, will shut four US chicken plants
    American consumers have been turning more cautious and pulling back on their meat purchases as higher rent and interest rates squeeze household budgets, hurting sales at multinational meat packers such as Tyson and Hormel Foods. The U.S. meat packer, which had bumped up meat prices last year, reported a 3% drop in quarterly net sales to $13.14 billion, below analysts' expectations of $13.59 billion, based on Refinitiv data. The biggest U.S. meat company by sales, Tyson has also seen its margins come under pressure as declining U.S. cattle herds force it to pay more for livestock, while a lingering drought has pushed animal feeding expenses further up.  ( 31 min )
    Daily Spotlight: Stock Valuations Push Higher
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    Analyst Report: Unilever PLC
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    Block Stock Is Rebounding From a Post-Earnings Plunge. Why Analysts See Upside.
    Block stock tumbled into the end of the week, but analysts are turning more upbeat given the fintech group's guidance and position among peers.  ( 26 min )
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    (Bloomberg) -- Nvidia Corp. has soared more than 200% this year, and if that’s used as a proxy for the bubble in artificial intelligence stocks, Morgan Stanley reckons the peak in the bull-run is near.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How J  ( 31 min )
    Fortinet Stock Has Plunged. Why This Analyst Says That’s an Opportunity.
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    Surging U.S. Corporate Bankruptcies Already Surpass Total for All 2022
    Surging U.S. corporate bankruptcies surpass the total for all of 2022 as filings reach pace on par with pandemic, global financial crisis years.  ( 19 min )
    Warren Buffett’s protege Tracy Britt Cool says she capitalized on rejection to get to the top
    “It requires the discipline and the time and the energy to do it. And to invest in that.”  ( 31 min )
    BioNTech Stock Falls as Covid-19 Vaccine Maker Misses Revenue Estimates
    Sales drop by more than expected in the second quarter, but BioNTech says its new 'variant-adapted Covid-19 vaccine' is still on track.  ( 27 min )
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    Palantir’s 135% AI Surge Set For Earnings Showdown
    (Bloomberg) -- Palantir Technologies Inc. faces a fresh test of whether it can justify the artificial intelligence hype when it reports earnings later on Monday. Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampThe da  ( 33 min )
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    Wall Street's main indexes ended the week lower on Friday with some investors taking profits after months of gains due to economic data, mixed earnings and rising Treasury yields. U.S. stocks have sharply rallied in 2023, with the benchmark S&P 500 clocking 16.6% gains year to date, fueled by optimism around artificial intelligence and hopes of a soft landing for the world's largest economy. Both Bank of America and JPMorgan last week ditched their forecasts for a U.S. recession.  ( 31 min )
    Stocks eye rebound from rough start to August: Stock market news today
    Stocks were setting up to recover from a recent bumpy patch early Monday, as earnings season starts to wind down and investors brace for an inflation reading crucial to Federal Reserve decision making.  ( 31 min )
    The current bull market is actually very sensitive: Morning Brief
    There is at least one problem with the stock market's rally.  ( 32 min )
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    Oil Edges Lower With Stronger Dollar Countering Black Sea Risk
    (Bloomberg) -- Oil held gains after Ukraine attacked another Russian vessel over the weekend, putting at risk significant flows of the nation’s commodities from the Black Sea such as crude and grains.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageDeSantis Camp Hit by Gloom a  ( 32 min )
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    US Government Shutdown Threat Builds in Post-Downgrade Fallout, Imperiling Soft Landing Bets
    (Bloomberg) -- A fresh fiscal showdown is brewing in Washington that threatens to complicate the Federal Reserve’s policy making and strengthen Fitch Ratings’ warning that self-inflicted wounds are tarnishing America’s standing in the global economy.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rap  ( 32 min )
    Analysis-Yuan loses core support as firms leave China
    Since China opened to foreign investment in 1978 under Deng Xiaoping, global firms have ploughed in hundreds of billions of dollars to buy and build factories for market access and cheap labour, bolstering the Chinese currency. A gentle downtrend in foreign direct investment gave way to a steep drop last quarter and inflows to China slammed to their lowest since records began 25 years ago, raising the prospect that the long-term trend is turning. Corporate leaders and their advisers say a shift is under way and the political concerns behind investment decisions are long term, which leaves the yuan facing pressure from what was long one of its staunchest supports.  ( 32 min )
    Bitcoin Is Boring Again and History Says Prices Will Drop. Brace for a Fall to This Level.
    U.S. inflation data due this week could provide fresh catalysts to crypto markets that are in a bit of a slump.  ( 26 min )
    Yellow Files for Bankruptcy. The Stock Is Down After Quadrupling.
    The 99-year-old company filed for Chapter 11 bankruptcy protection Sunday and said it will seek court authorization to make payments such as employees wages, salaries and benefits.  ( 26 min )
    Trucking giant Yellow Corp. declares bankruptcy after years of financial struggles
    Trucking company Yellow Corp. has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide. The Chapter 11 bankruptcy, which was filed Sunday, comes just three years after Yellow received $700 million in pandemic-era loans from the federal government. Former Yellow customers and shippers will face higher prices as they take their business to competitors, including FedEx or ABF Freight, experts say — noting Yellow historically offered the cheapest price points in the industry.  ( 31 min )
    Stocks to Watch Monday: Berkshire Hathaway, Yellow, KKR
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    Eurozone investor mood stops nosedive in August
    Investor morale in the euro zone unexpectedly rose in August, ending three consecutive months of decline as inflation has lost some of its explosive power, but there are no signs of a lasting turnaround in sentiment, a survey showed on Monday. Sentix's index for the euro zone rose to -18.9 points in August from -22.5 in July, beating expectations of analysts polled by Reuters of a further drop, to a reading of -24.3. Germany in particular has become "the sick man" of the euro zone and is weighing heavily on the region, said Sentix managing director Patrick Hussy, with investor morale in Europe's largest economy falling to its lowest level since October 2022.  ( 30 min )
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    Warren Buffett's Berkshire Hathaway reports second-quarter after-tax operating earnings of $10 billion, a quarterly record, trucking company Yellow files for bankruptcy, and Lucid slashes prices ahead of Monday's earnings report. Palantir also reports Monday, while UPS, Eli Lilly, and Walt Disney are scheduled to issue earnings later this week.  ( 27 min )
    China’s Central Bank Adds More Gold for a Ninth Straight Month
    (Bloomberg) -- China raised its gold reserves for a ninth straight month in July as central bank purchases continue to underpin prices of the precious metal.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatMusk Says He May Need Surgery, Will Get MRI on Back and NeckShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampBullion hel  ( 30 min )
    Morgan Stanley’s Wilson Says Fiscal Tightening a Risk for Stocks
    (Bloomberg) -- Warning bells are ringing for US stocks from signs that high fiscal spending, which underpinned economic growth this year, is unsustainable, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatMusk Says He May Need Surgery, Will Get MRI on Back and NeckShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How J  ( 32 min )
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    (Bloomberg) -- Investors in emerging markets are shifting to stocks from bonds as they prepare for the world after monetary tightening.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatMusk Says He May Need Surgery, Will Get MRI on Back and NeckShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampThere are early signs of a rotati  ( 32 min )
    Saudi Arabian oil giant Aramco reports $30B in Q2 profits, down nearly 40% from last year
    Saudi Arabia's state-run oil giant Aramcobrought in $30 billion in revenues in the second quarter, a nearly 40% decline from the same period the previous year, which it attributed to lower crude oil prices. Aramco is one of the biggest companies in the world, and Saudi Arabia is looking to oil revenues to fund ambitious plans to overhaul its economy.  ( 29 min )
    Record Number of China LGFVs Overdue on Short Debt
    (Bloomberg) -- China’s local government financing vehicles are showing more signs of stress, with a record number of them missing payments for a popular type of short-term debt last month. Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarUS Lab Behind Fusion Breakthrough Reache  ( 30 min )
    Saudi oil giant Aramco posts nearly 40% drop in Q2 profit amid lower crude prices
    Saudi Arabian state oil giant Aramco on Monday reported a near 38% drop in second-quarter net profit reflecting lower oil prices and thinner margins in refining and chemicals. Aramco's net profit fell to 112.81 billion riyals ($30.07 billion) for the quarter to June 30 from 181.64 billion a year earlier, the company said in a bourse filing, but topped the $29.8 billion expected by 15 analysts in an Aramco-provided poll. ($1 = 3.7513 riyals)  ( 29 min )
    German industrial output falls further in June
    German industrial production dropped more strongly than forecast in June, according to data released on Monday, underlining the challenges faced by manufacturing amid a downturn in Europe's largest economy. "The minus in June provides a taster for the poor production figures that are on the horizon for the coming months," said Commerzbank chief economist Joerg Kraemer. The Germany's manufacturing sector has already had a difficult year so far due to dwindling orders, sluggish output and high prices, with the HCOB final Purchasing Managers' Index (PMI) for manufacturing falling for a sixth consecutive month in July.  ( 30 min )
    China's exports likely contracted further in July, imports downturn seen slowing: Reuters poll
    China's state planner hinted of stimulus over three press conferences convened last week, but investors were underwhelmed by proposals to expand consumption in the automobile, real estate and services sectors as well as extend loan support tools for small and medium-sized enterprises until the end of 2024. As many of China's major markets grapple with higher borrowing costs amid a battle to bring down soaring inflation, authorities in Beijing are walking a tight rope in trying to boost domestic consumption without easing monetary policy too much lest it triggers large capital outflows. But South Korean exports to China, a leading indicator for imports to the Asian giant dropped 25.1% in July from a year earlier, the sharpest in three months.  ( 30 min )
    Thailand says no rice export halt, to benefit from India's export ban
    Thailand is benefiting from India's rice export ban and has no reason to halt shipments of the grain itself, its commerce minister said on Monday. The government would ensure sufficient rice output for both domestic consumption and exports, and also make sure domestic prices are not too high, minister Jurin Laksanawisit told a press briefing. In the first seven months, Thailand shipped 4.8 million metric tons, he said, adding monthly exports stood at 700,000 to 800,000 metric tons.  ( 30 min )
    Exclusive-Credit Suisse Hong Kong investing banking job cuts, targeting 80%, start this week -sources
    Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be laid off and the cuts will start from this week, two people with knowledge of the matter said, as part of the bank's integration with UBS Group. Only about 20 bankers will likely be spared the cuts that will impact Credit Suisse's 100-people strong investment banking team based in the territory, the people said, declining to be identified as the discussions on the matter were private. Hong Kong makes up Credit Suisse's biggest share of investment bankers in Asia.  ( 31 min )
    India’s Rice Export Ban Sparks Concern That Sugar May Be Next
    (Bloomberg) -- After India banned some rice exports to control domestic prices, traders are worried another food staple could be vulnerable: sugar.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageThe world has beco  ( 32 min )
    How Britain lost its quirky tech champion to the US and ‘growth at all costs’
    When the chip designer Arm shortly sells shares in this year’s most closely watched initial public offering (IPO), it will represent for many the final Americanisation of a great British company.  ( 35 min )
    Hedge Funds Boosted Record Treasury Shorts as Markets Convulsed
    (Bloomberg) -- Hedge funds ramped up their bearish Treasuries bets to a record last week just as yields surged toward multi-month highs, while more traditional investors were burnt having boosted wagers in the opposite direction with similar conviction.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampMusk Says He May Need Surgery, Will Get MRI on Back and NeckUkraine Black Sea Drone Attacks Signal  ( 31 min )
    Trucker Yellow Goes Bankrupt After Debt, Labor Woes Pile Up
    (Bloomberg) -- Yellow Corp. filed for bankruptcy after the trucking firm’s long-running financial woes were compounded by a dispute with its labor force. Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarUS Lab Behind Fusion Breakthrough Reaches Ignition AgainThe carrier listed  ( 31 min )
    Trucker Yellow Files for Bankruptcy, Will Liquidate
    The bankruptcy follows years of struggles as it tried to address the debt it accumulated through a series of mergers and a $700 million federal Covid-19 relief loan.  ( 28 min )
    The Euro’s Masters Have Set the Economy for a Painful Reckoning
    (Bloomberg) -- The euro zone’s custodians have set a course for the biggest policy-inflicted blow since the currency was created.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayShort Seller Hindenburg Nabs Tiny Gains Off $173 Billion CarnageThe combination of higher interest r  ( 33 min )
    Stock market today: Asian benchmarks mostly slip after Wall Street's losing week
    Asian shares were trading mostly lower on Monday after U.S. employment data had Wall Street close out a losing week. Investors are also closely watching earnings reports due later this week, including from Disney in the U.S., Alibaba Group in China and Sony and SoftBank in Japan. Japan's benchmark Nikkei 225 recouped losses earlier in the day and was down less than 0.1% at 32,190.31 in morning trading.  ( 32 min )
    Paytm Founder to Get 10% Stake From Ant Without Paying Any Cash
    (Bloomberg) -- Paytm founder Vijay Shekhar Sharma will acquire a 10.3% stake from China’s Ant Group Co., in an unusual transaction that won’t involve any cash payment or change in economic interest.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarUS Lab Behind Fusion Breakthrou  ( 30 min )
    US trucking firm Yellow files for bankruptcy after loading up on debt
    U.S. trucking firm Yellow Corp filed for Chapter 11 bankruptcy protection on Sunday, burdened with a heavy debt load after a series of mergers and following tense contract negotiations with the Teamsters Union.  ( 29 min )
    Japan's 'Mr.Yen' Sakakibara expects no yen intervention
    Japanese authorities are unlikely to intervene in foreign exchange markets to prop up the yen as the currency has already found some support and will head much higher as U.S. interest rates peak, former finance official Eisuke Sakakibara said. Sakakibara gained a reputation as a market mover in the 1990s after devising several currency interventions during his time as vice finance minister, earning him the nickname "Mr Yen". The yen is poised to reach 130 against the U.S. dollar by the year end as the U.S. Federal Reserve ends its aggressive monetary tightening and as Japan's economic outlook brightens, Sakakibara told Reuters on Friday.  ( 31 min )
    Bitcoin, Ether flat; Solana leads winners
    Bitcoin traded flat on Monday morning in Asia to stay just above US$29,000 as the token’s volatility rating hit a record low. The NFT market recorded losses while, in the U.S., equities traders await more earnings reports.  ( 31 min )
    Gold off 3-week lows as investors brace for US inflation test
    (Reuters) -Gold prices were off three-week lows on Monday after slowing U.S. job growth knocked the dollar and bond yields from their recent highs, while investors braced for this week's inflation test that could influence the Federal Reserve's policy path. The U.S. dollar index fell and benchmark 10-year Treasury yields slid from November highs after the Labor Department's employment report on Friday showed the economy added fewer jobs than expected in July. Markets also took stock of the labor department data showing solid wage gains and a decline in the unemployment rate that suggests continued tightness in labor market conditions.  ( 31 min )
    Asian Shares Slip as US Reverses Rally; Oil Steady: Markets Wrap
    (Bloomberg) -- Most Asian shares fell Monday after a mixed US jobs report and a reversal of gains on Wall Street that saw the S&P 500 lose a near 1% gain.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDan Loeb Surrendered But Meme Army Still Hits Bears for MillionsDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine’s Black Sea Drone Attacks Signal a Rapidly Expanding WarBenchma  ( 32 min )
    Dollar tentative as US inflation data looms
    The dollar was on the back foot on Monday after a mixed U.S. jobs report provided little directional conviction and as market focus turned to inflation data from the world's two largest economies due this week. While the dollar fell to a one-week low against a basket of currencies in the aftermath of the data, its losses were capped as the report pointed to a still-tight labour market, suggesting the Federal Reserve may need to keep rates higher for longer. "There was a narrative in there for everyone, depending on your bias," said Pepperstone's Head of Research Chris Weston of the jobs report.  ( 31 min )
    China or India? How to Invest in the Coming Asia Boom
    (Bloomberg Markets) -- Money managers are navigating an historic shift: India’s ­population, at 1.43 billion, edged past China’s this year.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDan Loeb Surrendered But Meme Army Still Hits Bears for MillionsDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine’s Black Sea Drone Attacks Signal a Rapidly Expanding WarNow the world’s most p  ( 33 min )
    Recession Worries Have Investors Buying Treasuries, Doubting Stocks
    (Bloomberg) -- A clear majority of investors expect a US recession before 2024 is out, leading them to view the current bull market in stocks as ephemeral and to favor long-term US Treasuries.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDan Loeb Surrendered But Meme Army Still Hits Bears for MillionsDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayUkraine’s Black Sea Drone Attacks  ( 33 min )
  • Open

    European Commission Opens Investigation into Adobe's Figma Acquisition
    Lawmakers said they were concerned over the $20 billion Adobe-Figma merger's effect on the market for the supply of interactive product design and digital asset creation tools.  ( 1 min )
    Sage Therapeutics Shares Plummet Following FDA Decision on Depression Drug
    Sage Therapeutic shares fell to an all-time low after the FDA rejected use of its treatment for major depressive disorder.  ( 1 min )
    Trucking Company Yellow Declares Bankruptcy After Union Standoff
    With $1.3 billion in debt and facing a standoff against labour union Teamsters, trucking company Yellow filed for bankruptcy.  ( 1 min )
    Tesla CFO Zach Kirkhorn Steps Down
    Tesla's chief financial officer (CFO) Zach Kirkhorn had helped transform the automaker into a financial powerhouse since 2019. He has stepped down from his position effective Aug. 4.  ( 1 min )
    Campbell Soup Acquires Rao's Pasta Sauce Parent Company for $2.7 Billion
    Campbell Soup Company (CPB) has acquired Sovos Brands, Inc. (SOVO)—the parent company of brands such as Rao's pasta sauces, Noosa Yoghurt and Italian frozen food Michael Angelo's—for $2.7 billion  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Stocks Take Off After Earnings Reports
    The S&P 500 snapped a four-day losing streak on Monday, Aug. 7, 2023, rising 0.9% after the latest round of earnings reports.  ( 1 min )
    Markets Mixed at Midday on New Earnings Reports, Upcoming Data
    U.S. equities were mixed at midday on Monday, Aug. 7, 2023, after the latest earnings reports and ahead of key inflation data due later in the week.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of Yellow dive after the trucking company filed for bankruptcy and Berkshire Hathaway reports a 6% increase in earnings after it boosted its investment income. Here’s what investors need to know today.  ( 1 min )
  • Open

    Top Savings Account Rate Climbs Again, Setting New Record
    Already at a 16-year high, the top savings account rate has climbed again, to 5.25% APY offered by two banks. Another dozen offer yields above 5.00% APY.  ( 19 min )
    Top CDs Today: National Rate Leader Holds at 5.75% But Best 3-Year Rate Dips
    Today's top three nationwide CD rates are 5.75% APY from Andrews Federal Credit Union, 5.60% APY from Northern Bank Direct, and 5.55% APY from Sallie Mae Bank.  ( 18 min )
    Investors Look Past Ratings Downgrade to Run With the Bulls
    According to Investopedia’s latest sentiment survey of our newsletter readers, more investors are expecting higher returns for the U.S. stock market over the next six months, and fewer are expecting losses. Fewer investors are making “safer” choices with their investments and leaning more into stocks.  ( 17 min )
    What Was Third-Round Paycheck Protection Program (PPP) Funding?
    A guide to the third round of PPP funding under the Consolidated Appropriations Act, 2021, and how it differed from the first two rounds.  ( 30 min )
    What Is a Housing Unit? Definition, Recordation, and Statistics
    A housing unit is a single residential unit in a larger structure that is occupied or intended as a separate living quarter.  ( 18 min )
    S&P 500 Gains and Losses Today: Stocks Take Off After Earnings Reports
    The S&P 500 snapped a four-day losing streak on Monday, Aug. 7, 2023, rising 0.9% after the latest round of earnings reports.  ( 17 min )
    Robo-Advisor: Advantages and Disadvantages
    Robo-advisors come in all shapes and sizes. Learn some of the pros and cons of automated financial advisory services.  ( 26 min )
    Party Wall: What They are, How They Work
    In real estate, a party wall is a shared wall that separates housing or business units, such as apartments or office spaces. Party wall agreements govern how the wall is shared.  ( 21 min )
    Dow Jones Today: Index Rebounds with 400-Point Gain
    Following last week’s downward turn, the Dow Jones Industrial Average bounced back, rising 407 points, or 1.2%, as investors readied for new inflation data to close out the week.  ( 17 min )
    Credit Card Debt Falls As Banks Toughen Lending Standards
    For the first time in more than two years, credit card debt is falling, as banks make it more difficult for consumers to put purchases on plastic.  ( 17 min )
    Citibank CD Rates: August 2023
    CDs can be a great tool for a temporary conservative investment, but rates vary widely. Citibank has a variety of CD options, some with competitive rates.  ( 20 min )
    Home Prices are Back to Breaking Records
    If you’re a homebuyer who’s been waiting for prices to come down, you may be waiting for a long time yet, as home prices hit an all-time high in June and could continue climbing in coming months.  ( 17 min )
    Is a Robo-Advisor Right for You?
    A robo-advisor provides low-cost investment services over the internet. Is using a robo-advisor a good idea? We answer that here.  ( 26 min )
    Citizens Bank CD Rates: August 2023
    Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 19 min )
    European Commission Opens Investigation into Adobe's Figma Acquisition
    Lawmakers said they were concerned over the $20 billion Adobe-Figma merger's effect on the market for the supply of interactive product design and digital asset creation tools.  ( 16 min )
    First Republic Bank CD Rates: August 2023
    First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.  ( 20 min )
    Sage Therapeutics Shares Plummet Following FDA Decision on Depression Drug
    Sage Therapeutic shares fell to an all-time low after the FDA rejected use of its treatment for major depressive disorder.  ( 18 min )
    Viatris Shares Gain on Sales, Divestitures, and FDA Review of Its MS Drug
    Viatris shares advanced after the drugmaker posted better-than-expected results, said it will announce one or more divestitures this quarter, and indicated the FDA agreed to consider approval of its new multiple sclerosis treatment produced with Israel’s Mapi Pharma.  ( 17 min )
    Top Bachelor's Degree for a Hedge Fund Career
    From economics to statistical analysis, certain bachelor's degrees make graduates more qualified for landing highly sought hedge fund jobs.  ( 23 min )
    With Inflation Still Above Targets, Officials Leave Room For Another Hike
    Despite data pointing to an economy approaching a soft landing, inflation rates are still above the Federal Reserve's target of 2%.  ( 18 min )
    Personal Loan Rates & Trends, Week of Aug. 7: Rates Stumble
    Personal loan rates fell sharply this week to 20.65%, dropping 21 basis points since last week when the average personal loan rate sat at 20.86%.  ( 18 min )
    What Robo-Advisors Can and Can't Do for Investors
    Despite their technological sophistication, there are limitations to what robo-advisors can do.  ( 22 min )
    The Impact of Coronavirus Relief Bills on Your Finances
    While many COVID relief measures have expired, some remain in place.  ( 41 min )
    TIAA Bank CD Rates: August 2023
    CDs can be helpful for consumers looking to put their money to work. We reviewed TIAA Bank’s CD rates so you can see if TIAA makes sense for your finances.  ( 20 min )
    PayPal Launches USD-Pegged Stablecoin. Should You Invest?
    Digital payments company PayPal (PYPL) just launched a U.S. dollar-pegged stablecoin called PayPal USD, becoming the latest firm to offer customers a stablecoin payment option.  ( 18 min )
    How to Land a Finance Job with a Bachelor’s Degree
    Following these five tips will help keep your resume out of the recycling bin when applying for a finance job out of college.  ( 29 min )
    University of Michigan Ross School of Business: Overview
    The Stephen M. Ross School of Business is the business school at the University of Michigan, located in Ann Arbor, MI.  ( 20 min )
    Markets Higher at Midday on New Earnings Reports, Upcoming Data
    U.S. equities were higher at midday on Monday, Aug. 7, 2023, after the latest earnings reports and ahead of key inflation data due later in the week.  ( 17 min )
    What You Need to Do Before Applying to College
    Before you make the leap into post-secondary, remember these important factors and handle them accordingly.  ( 23 min )
    USAA CD Rates: August 2023
    USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 20 min )
    Market Value Vs. Intrinsic Value: What's the Difference?
    If a stock's market value is well above its intrinsic value, it may be a red flag or it may not. Here's how to read into the numbers.  ( 18 min )
    Chain Ladder Method (CLM) Definition, Steps to Apply It
    The Chain Ladder Method (CLM) calculates the claims reserve requirement in an insurance company’s financial statement. This actuarial method is one of the most popular reserve methods.  ( 18 min )
    Honor Societies: Overview, Types, and Member Benefits
    Membership in college or university honor societies is commonly offered through invitational only and provides various benefits to members.  ( 20 min )
    BioNTech Revenue Plunges on Falling Demand for COVID-19 Vaccines
    American Depositary Receipts of BioNTech sank as COVID-19 vaccine demand waned and sales of its vaccine plunged.  ( 17 min )
    How Student Loan Forgiveness Affects a Credit Report
    If you receive student loan forgiveness, your debt history is not removed from your credit report.  ( 24 min )
    Tyson Misses Estimates as Sales Slump; Plans to Shut More Plants
    Shares of Tyson Foods tumbled as the giant meat provider posted worst-than-expected results and announced it was closing more production plants to cut costs as sales slipped.  ( 17 min )
    How to Evaluate a Robo-Advisor
    With more financial firms offering automated investing, you have an increasing number of choces if you want or need help managing your assets.  ( 26 min )
    How to Get Paid to Go to School
    Grants and scholarships are available from a variety of sources and can cover many, if not all, of your college costs.  ( 26 min )
    Most Recent Grads Would Reconsider What They Studied for Better ROI
    Current high school students are thinking more strategically about their college education than their predecessors, according to a survey from Fidelity Investments, but do they know enough to make the right decisions?  ( 18 min )
    Robo-Advisor Tax-Loss Harvesting: What it Means, How it Works
    Robo-advisor tax-loss harvesting is the automated selling of securities in a portfolio to deliberately incur losses to offset any capital gains or taxable income.  ( 26 min )
    Tesla CFO Zach Kirkhorn Steps Down
    Tesla's chief financial officer (CFO) Zach Kirkhorn had helped transform the automaker into a financial powerhouse since 2019. He has stepped down from his position effective Aug. 4.  ( 17 min )
    Campbell Soup Acquires Rao's Pasta Sauce Parent Company for $2.7 Billion
    Campbell Soup Company (CPB) has acquired Sovos Brands, Inc. (SOVO)—the parent company of brands such as Rao's pasta sauces, Noosa Yoghurt and Italian frozen food Michael Angelo's—for $2.7 billion  ( 17 min )
    Trucking Company Yellow Declares Bankruptcy After Union Standoff
    With $1.3 billion in debt and facing a standoff against labour union Teamsters, trucking company Yellow filed for bankruptcy.  ( 17 min )
    8 Ways to Get Through Grad School Debt-Free
    As if figuring out what to take in school isn't hard enough, you also have to find a way to pay for it.  ( 22 min )
    What Harvard Actually Costs
    Harvard University may have one of the country’s highest tuition rates, but many students pay far less thanks to a strong financial aid program.  ( 24 min )
    Mortgage Lending for LGBTQ+ People
    Members of the LGBTQ+ community have had a harder time getting home mortgages, although that may be starting to change.  ( 26 min )
    Rates Drop for Almost Every Mortgage Type
    Mortgage rates showed a notable drop across almost every loan type, with the 30-year average reversing course after rising last week to its highest point in almost four weeks.  ( 20 min )
    Paying for College as an LGBTQ+ Student
    LGBTQ+ students may face unique challenges when paying for college, and many end up with excessive student loan debt after graduation.  ( 26 min )
    Taking Investors' Temperatures as the U.S. loses its AAA Credit Rating
    Lindsey Bell, Chief Strategist at 248 Ventures, climbs back aboard The Express to take investors' temperatures following the Fitch credit rating downgrade. What's the message behind the drop from AAA to AA+, and why a potential government shutdown may make matters worse.  ( 19 min )
    The College Degrees You Should Have Gotten
    STEM degrees represent a lot of the top-paying programs, but even a liberal arts education can be a valuable stepping-stone to lucrative careers.  ( 26 min )
    Guide to Finance for LGBTQ+ People
    Members of the LGBTQ+ community face unique financial challenges related to marriage and family planning, debt, insurance, retirement, and more. Learn more about these issues.  ( 28 min )
    5 Things to Know Before Markets Open
    Shares of Yellow dive after the trucking company filed for bankruptcy and Berkshire Hathaway reports a 6% increase in earnings after it boosted its investment income. Here’s what investors need to know today.  ( 18 min )
    Surging U.S. Corporate Bankruptcies Already Surpass Total for All 2022
    Surging U.S. corporate bankruptcies surpass the total for all of 2022 as filings reach pace on par with pandemic, global financial crisis years.  ( 18 min )
    Default Risk: Definition, Types, and Ways to Measure
    Default risk is the risk lenders take that companies or individuals will be unable to make the required payments on their debt obligations. Learn how its measured.  ( 23 min )
    Understanding and Investing in Sovereign Bonds
    A sovereign bond is a debt security issued by a national government to borrow funds.  ( 21 min )
    What Does Investment Grade Mean?
    Investment grade refers to the quality of a company's credit rating, which is based upon the financial strength, future prospects, and past history.  ( 22 min )
    What Is Accelerated Underwriting?
    Accelerated underwriting is a way to get life insurance without a medical exam. Here are the pros and cons of using this system.  ( 22 min )
    What Is a Credit Default Swap (CDS), and How Does It Work?
    A credit default swap (CDS) is a particular type of swap designed to transfer the credit exposure of fixed income products to another party.  ( 25 min )
    What Are Bond Ratings? Definition, Effect on Pricing and Agencies
    A bond rating is a grade given to bonds that indicates their credit quality. Learn how credit rating agencies assign bond ratings.  ( 23 min )
    Loss Cost: What it Means, How to Calculate
    Loss cost is the amount of money an insurer must pay to cover claims and the costs to administer and investigate such claims.  ( 18 min )
    Loss Reserves: What They Are and Examples
    Typically comprised of liquid assets, loss reserves are an asset that allows an insurer to cover claims made against policies it underwrites.  ( 19 min )
    What You Need to Know About Auto Insurance
    Consumer advocate and insurance expert Doug Heller shares the ins and outs of auto insurance to help consumers make informed choices and protect themselves.  ( 29 min )
    8 Common Life Insurance Riders
    Riders are extra benefits that a policyholder can buy to add on to a life insurance policy and provide added protection if you meet their conditions.  ( 24 min )
    International Bond Investing: Definition, Examples, and Risks
    International bonds are usually securities issued in one country but bought by an investor residing in another country and using its local currency.  ( 20 min )
    Net Amount at Risk: What it is, How it Works
    Net amount at risk is the monetary difference between the death benefit paid by a permanent life insurance policy and the accrued cash value.  ( 19 min )
    What Is Personal Liability Insurance? Definition and Coverage
    A policyholder’s personal liability insurance pays for covered losses and damages sustained by third parties, along with related legal costs. Learn how it works.  ( 21 min )
  • Open

    In 100 woorden | Speelt 'plasticsoep' een rol in de opwarming van de oceaan?
    Er drijft minder 'plasticsoep' in de oceanen dan gedacht. Lang geen 50 tot 300 miljoen ton, maar toch nog 3,2 miljoen ton. Een NU.nl-lezer vroeg zich af: heeft dat plastic invloed op de steeds warmer wordende oceaan? Dit zegt onze klimaatverslaggever Rolf Schuttenhelm.  ( 3 min )
    NU+ | Dit vinden jullie van de buurtwinkel: 'Handig, maar absurd duur'
    Buurtwinkels worden in hun voortbestaan bedreigd, meldde NU.nl zondag. Veel NUjij'ers hopen dat ze blijven bestaan, maar gaan zelf meestal naar een grote supermarktketen. Waarom willen ze het één, maar doen ze het ander? Een greep uit de reacties.  ( 5 min )
    Russische hackersgroep legt meerdere Nederlandse websites plat
    De websites van Maastricht Aachen Airport en de vereniging van openbaarvervoerbedrijven zijn maandag moeilijk bereikbaar door een cyberaanval. Een Russische hackersgroep zegt verantwoordelijk te zijn voor de aanval.  ( 3 min )
    NU+ | Dit vinden jullie van de tanende buurtwinkel: 'Handig, maar absurd duur'
    Buurtwinkels worden in hun voortbestaan bedreigd, meldde NU.nl zondag. Veel NUjij'ers hopen dat ze blijven bestaan, maar gaan zelf meestal naar een grote supermarktketen. Waarom willen ze het één, maar doen ze het ander? Een greep uit de reacties.  ( 5 min )
    NU+ | De buurtwinkel passé? Onze lezers zijn fan, maar tegelijkertijd ontevreden
    Buurtwinkels worden in hun voortbestaan bedreigd, meldde NU.nl zondag. Veel NUjij'ers hopen dat ze blijven bestaan, maar gaan zelf meestal naar een grote supermarktketen. Waarom willen ze het één, maar doen ze het ander? Een greep uit de reacties.  ( 5 min )
    Saudi Aramco boekt minder winst vanwege lagere olieprijzen
    Het Saoedische staatsolieconcern Saudi Aramco heeft in het tweede kwartaal fors minder winst geboekt vanwege de lagere olieprijzen. Het bedrijf heeft verder te maken met een lagere productie.  ( 3 min )
    Afvalfonds pleit voor meer inleverpunten statiegeldflessen- en blikjes
    Het Afvalfonds Verpakkingen is 'niet echt tevreden' over het inleveren van plastic flessen met statiegeld. De organisatie pleit in zijn jaarverslag over 2022 voor meer innamepunten.  ( 4 min )
    Nationale-Nederlanden krijgt boete voor foute informatie over pensioenen
    Nationale-Nederlanden heeft tienduizenden klanten verkeerd en te laat geïnformeerd over hun pensioen. Daarom heeft toezichthouder AFM de verzekeringsmaatschappij een boete opgelegd van 425.000 euro.  ( 3 min )
    PostNL ziet rest van 2023 met frisse moed tegemoet vanwege groei pakketjes
    PostNL heeft de afgelopen maanden meer pakketten verwerkt dan verwacht. Daarom is het postbedrijf positiever over de winst voor dit jaar.  ( 3 min )
    Chinese toeristen weten Nederland weer mondjesmaat te vinden
    Nederland heeft dit jaar tot dusver ruim vijfduizend toeristenvisa toegekend aan reizigers uit China. Nu ook daar de coronalockdowns eindelijk voorbij zijn, gaan Chinese toeristen mondjesmaat weer naar Europa op vakantie.  ( 4 min )

  • Open

    Adjusted Earnings: Meaning, Overview, Benefits
    Adjusted earnings provide a measurement of how current performance compares with performance in previous years.  ( 20 min )
    Fuqua School of Business
    Fuqua School of Business is a graduate business school at Duke University in Durham, North Carolina. It routinely ranks in the top 15 business schools.  ( 21 min )
    How to Buy a Car
    Buying a car may be preferable to leasing one. Learn how to buy a car and what’s involved in the process.  ( 24 min )
    Understanding Bond Ratings
    Is the bond you are thinking of buying investment grade or junk? Find out how bonds are rated, who rates them, and how to read the grades.  ( 26 min )
    Does Homeowners Insurance Cover Roof Replacement?
    Most all-perils homeowners insurance policies cover roof replacement if the damage is the result of an act of nature, but not if it's from wear and tear. Learn more.  ( 25 min )
    How to Ask Your Employer to Fund Your Education
    Your company will benefit directly from the new skills and knowledge you acquire. Here's how to make your case for tuition reimbursement.  ( 25 min )
    UNC Kenan-Flagler Business School
    UNC Kenan-Flagler Business School is the University of North Carolina's business school, internationally renowned and recognized for its curriculum.  ( 22 min )
    Magna Cum Laude Definition: Its Meaning, Requirements, and Value
    Magna cum laude is an honorific for a degree earned with great distinction. It means “with great praise” in Latin, and there’s no set grade point average (GPA) to get it.  ( 25 min )
    How Much Should I Spend on a Car?
    Detailed description of how much an individual should consider paying for a car.  ( 21 min )
    Investment Banking vs. Corporate Finance: What's the Difference?
    Investment banking focuses on raising capital while corporate finance deals with day-to-day financial operations.  ( 23 min )
    How to Repay a Perkins Loan
    Students with Perkins loans may be eligible for deferment, cancellation, discharge, or one of four income-driven repayment plans.  ( 26 min )
    Occurrence Policy: What it is, How it Works, Pros and Cons
    An occurrence policy covers claims made for injuries sustained during the life of an insurance policy, even if they're filed after the policy is canceled.  ( 19 min )
    Civil Authority Clause: What it is, How it Works, Example
    A civil authority clause is an insurance provision that outlines whether or not lost income will be reimbursed when a government entity denies access to covered property.  ( 19 min )
    Reinsurance Sidecar: What it Means, How it Works
    Reinsurance sidecars are financial entities that solicit private investment to underwrite a limited book of insurance policies for a limited period.  ( 19 min )
    U.S. Debt by President: Dollar and Percentage
    Here is how much each U.S. president contributed to the U.S. national debt, both by percentage and in dollar amounts.  ( 27 min )
    New Report Affirms Old Warning: Investors Shouldn't Try To 'Time the Market'
    Investors shouldn't try to 'time the market,' as poorly scheduled purchases and sales cost investors a fifth of their potential fund returns in the past decade.  ( 18 min )
    'Barbie' Movie Could Have a Lasting Impact on These Companies
    "Barbie" isn't just one of 2023's biggest box office hits, it could also have a lasting financial impact on companies spanning fashion, entertainment, and home decor.  ( 19 min )
    Kellogg School of Management Definition
    Learn more about the Kellogg School of Management, the business school at Northwestern University.  ( 21 min )
    Federal Direct Loan Program: Definition and How It Works
    The Federal Direct Loan Program is a government program that provides low-interest loans with fixed interest rates to students. Learn how these loans work.  ( 25 min )
    Health Insurance: Definition, How It Works
    Health insurance is a type of contract in which a company agrees to pay some of a consumer's medical expenses in return for payment of a monthly premium.  ( 27 min )
    20 Ways to Save on Medical Bills
    Discover ways to save on your medical bills, trim your prescription costs, reduce billing errors, negotiate with your doctor’s office, and more.  ( 24 min )
    How SBA Loans Can Help Your Small Business
    Whether dealing with COVID-19 or trying to grow your business, a Small Business Administration loan can help. Learn the details and how to apply here.  ( 36 min )
    Is a Trade-In or Down Payment Better When Buying a Car?
    Often buyers choose to trade-in their vehicle rather than selling it privately and separately. Find out why you should always put a down-payment and never trade-in for convenience.  ( 20 min )
    Why Is a Shareholder Rights Plan Called a "Poison Pill?"
    Discover why shareholder rights plans are known as poison pills, and understand their benefits and drawbacks.  ( 19 min )
    2020 Election: Jobs, Trade, and the Economy Explained
    The key economic, investing, and business terms that dominated the 2020 presidential election.  ( 32 min )
    What's the Difference Between Coinsurance and a Copay?
    Copays and coinsurance are two types of out-of-pocket costs, but they vary depending on the health insurance plan you choose.  ( 25 min )
    Who Is Cecilia Rouse?
    Cecilia Rouse is the chairperson of the Council of Economic Advisers.  ( 24 min )
    The Future of Home Ownership
    From instant closings to digitally-enabled design customization, owning a home will be very different in the next 20 years.  ( 24 min )
    An Introduction to Government Loans
    Government loans are either funded directly by the government or made by private lenders and backed by the government. Find out how government loans work.  ( 28 min )
    Assignor: What it Means, How it Works, Example
    An assignor is a person or entity who transfers rights or benefits to another party, the assignee. Read about the rights of the assignor vs assignee.  ( 23 min )
    OpenAI, Other AI Firms Not Yet Ready for IPOs
    Firms will need to build more revenue, demonstrate profitability, and outgrow the value that venture capital is already bringing, experts say.  ( 20 min )
    How to Invest With CDs
    Certificates of deposit (CDs) can be invested for short-term and long-term gain, using strategies that boost the growth potential of these safer instruments.  ( 25 min )
    Sandwich Lease: What it Means, How it Works
    A sandwich lease occurs when a lessee on a property leases to a third party, often as an investment strategy.  ( 21 min )
    Unemployment Insurance (UI): How It Works, Requirements, and Funding
    Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 28 min )
    Credit Quality: What it is, How it Works
    Credit quality is a measure of the financial solvency of a person, a company, or a government. Credit scores and credit ratings are measures of credit quality.  ( 22 min )
    Continuing Claims Definition
    Continuing claims refers to the number of people who have already filed an initial claim and are still filing for unemployment benefits.  ( 22 min )
    Homeowners Insurance Declaration Page
    A homeowners insurance declaration page is a summary of the key facts about your policy. Here’s how to read yours and what it means.  ( 22 min )
    Rent Expense: Definition, How It Works, and Types of Cost
    Rent expense is the cost incurred by a business to utilize a property as an office, factory, storage, retail space, or general use space.  ( 23 min )
  • Open

    Analysis-China can no longer 'extend and pretend' on municipal debt
    China's promised "basket of measures" to defuse local government debt risks is likely to include special bond issuance, debt swaps, loan rollovers, and something Beijing really loathes: dipping into the central budget. Local governments are fundamental to China's economy, with Beijing tasking provincial and city officials with meeting ambitious growth targets. Chinese leaders last month pledged, without detailing, to help ease their debts, signalling worries over a potential chain of municipal debt defaults destabilising the financial sector.  ( 32 min )
    Goldman Sachs Says Now Could Be the Best Time to Buy These 2 Stocks — Here’s Why They’re on the Conviction List
    This year started with a red-hot stock market, there is no question of that. Since the start of 2023, even accounting for losses last week, the S&P 500 shows a year-to-date gain of 17%, and the NASDAQ is up 33%. Currently, the gains are narrow, mainly relying on a handful of deep-pocketed, big-name tech firms, but there’s a likelihood that investor money will start spreading more widely. If the bull market does widen out, it will raise the question of which stocks to buy. This is where Goldman S  ( 34 min )
    Pollo Tropical Restaurant Chain to Be Sold
    Authentic Restaurant Brands is expected to buy Fiesta Restaurant Group for $225 million.  ( 25 min )
    How Long Will the Oil Price Rally Last?
    Falling inventories and tighter supply have lifted oil prices in recent days, but how long will the rally last?  ( 32 min )
    Stocks Poised for Higher Open
    The Bureau of Labor Statistics will release the consumer price index for July on Thursday, and the producer price index for July on Friday.  ( 27 min )
    Markets yield to U.S. curve
    A clutch of top-tier Chinese economic data, second-quarter growth figures from Indonesia and the Philippines, and an Indian interest rate decision are the main events in Asia this week, with markets highly sensitive to rising global bond yields. The Nasdaq, S&P 500 and MSCI World index last week all registered their biggest weekly losses since March, and the MSCI Asia ex-Japan index's 2.3% fall was its biggest in six weeks. Driving the deterioration in risk appetite is the surge in global bond yields, especially U.S. market-based borrowing costs as the long end of the Treasury curve came under intense selling pressure.  ( 31 min )
    The Stock Market’s Rally Paused. It’s Time to Buy the Dip.
    Strategists have been rushing to catch up with the market, but stocks had other things in mind.  ( 26 min )
    Warren Buffett is trying to tell us something about the economy with Berkshire Hathaway’s earnings and the $147 billion of cash on hand
    Berkshire's growing hoard of cash, nearing a record level, is an ongoing “problem” for Buffett—albeit a nice one to have.  ( 32 min )
    New Report Affirms Old Warning: Investors Shouldn't Try To 'Time the Market'
    Investors shouldn't try to 'time the market,' as poorly scheduled purchases and sales cost investors a fifth of their potential fund returns in the past decade.  ( 19 min )
    Disney, UPS, BioNTech, Palantir, and More Stocks to Watch This Week
    Earnings season rolls along this week, with reports also due from Paramount, Eli Lilly, Wynn Resorts, and many more. And look out for crucial inflation indicators in economic data to be released at week's end.  ( 27 min )
    Daimler Truck CFO Jochen Goetz dies in 'tragic accident'
    FRANKFURT (Reuters) -Daimler Truck's Chief Financial Officer Jochen Goetz has died in a "tragic accident," the company said on Sunday. Goetz, 52, died on Saturday, a statement said, without giving details of the accident. Goetz spent his entire professional career, spanning more than 36 years, in the Daimler Group, and was largely responsible for the successful spin-off of Daimler Truck Holding from what is now the Mercedes-Benz Group in December 2021.  ( 31 min )
    What will trigger the next tech IPO boom? It's not SoftBank's chipmaker Arm
    The tech IPO drought is likely over, but don't expect a flood either.  ( 33 min )
    The five biggest things that confuse Americans about retirement
    Many have no idea how much they should save or how to invest whatever money they sock away.  ( 35 min )
    Inflation and Disney: What to watch this week
    The week ahead will feature a crucial inflation report and earnings out of Disney, UPS, and Alibaba as second quarter earnings season winds down.  ( 35 min )
    Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech
    (Bloomberg) -- Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss for 2022 after the value of its investments in SoftBank Vision Fund plunged and other tech ventures were hit by a market downturn.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampDeSantis Camp Hit by Gloom as Aides Worry Race Is Slipping AwayDan Loeb Surrendered but Meme Army Still Hits Bears for Million  ( 32 min )
    Disney, UPS earnings, consumer inflation, Cadillac's new Escalade in week ahead
    Two key reports on inflation, the CPI and PPI, are due this week as are a host of quarterly earnings, including Disney, Tyson Foods, Beyond Meat, Rivian and UPS.  ( 32 min )
    How Retirement Plans Should Protect Employees From Themselves
    The design of 401(k)s and other retirement savings plans too often lead employees to make financially harmful mistakes. It doesn’t have to be that way.  ( 26 min )
    Paramount set to report Q2 earnings as advertising hurdles, cash flow issues mount
    Paramount Global is set to report second quarter earnings after the bell on Monday. Here's what to expect.  ( 33 min )
    In Istanbul’s Grand Bazaar, Demand for Gold and Dollars Soars
    People are pouring money into assets that they see as a safer bet than the Turkish lira, which has declined by more than 80% in the past five years.  ( 23 min )
    Poland Detects Leak in a Section of Druzhba Pipe to Germany
    (Bloomberg) -- Poland has stopped shipping oil through part of the western section of the Druzhba pipeline that sends crude to Germany after a leak was detected late Saturday, according to Polish pipeline operator PERN.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamMallorca’s Prime Housing Market Gets Boost From American BuyersNetany  ( 30 min )
    Dan Loeb Surrendered but Meme Army Still Hits Bears for Millions
    (Bloomberg) -- Dan Loeb is hardly the first Wall Street titan to lament how meme stock traders have made short selling a perilous endeavor. But that Loeb, who runs the hedge fund Third Point LLC, did so now is what’s interesting.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamMallorca’s Prime Housing Market Gets Boost From American Bu  ( 33 min )
    How Do I Calculate Spousal Social Security Benefits?
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    Gas mogul who redrew energy map clings to Aspen ranch after loans come due
    Charif Souki pioneered the American LNG boom but now warns of homelessness in battle with UBS  ( 6 min )
    Prospective Yellow bankruptcy may pile on two OP office properties already on CMBS watchlist
    Yellow's apparently impending bankruptcy filing could further disrupt two #OverlandPark office properties — where the trucker leases more than 400,000 square feet — already under scrutiny from loan servicers.  ( 13 min )
    Big Oil’s Talent Crisis: High Salaries Are No Longer Enough
    Energy companies scramble to attract engineers as young workers fret over climate and job security.  ( 22 min )
    JEPI Fans Take Note. There’s a New 10% Dividend Yield Competitor in Town
    The JPMorgan Equity Premium Income ETF’s (NYSEARCA:JEPI) combination of high yield and monthly payments has quickly made it one of the market’s most popular ETFs. Investors who like JEPI’s style now have another high-yield competitor to consider — the NEOS S&P 500 High Income ETF (BATS:SPYI), which also pays on a monthly basis and yields 10.7%. Let’s take a closer look at this intriguing new option for high-yield investors. What is SPYI ETF’s Strategy? Launched in August of 2022, SPYI is still a  ( 34 min )
    Only a cheaper rupee can spur Indian growth
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Did US inflation accelerate last month?
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Giant Fund Slashed Apple Stock Investment, Bought Tesla, Nvidia
    AustralianSuper, one of the world’s largest pensions, halved its Apple stock investment and sold Microsoft stock, while buying shares of Tesla and Nvidia.  ( 26 min )
    Is There a Limit to Americans’ Self-Storage Addiction? Billions of Dollars Say Nope
    As a pandemic-inspired boom ends, entrepreneurs and giant corporations alike are counting on customers to keep accumulating more stuff than they can squeeze into their homes.  ( 23 min )
    Main Street Capital Corp. to launch second private loan fund
    During its second quarter earnings call, Main Street Capital Corp. announced it has made substantial progress on closing its second private loan investment fund.  ( 10 min )
    Pfizer’s Covid Boost Crashes to Earth
    With the company’s pandemic lift from the Covid-19 vaccine and drug sales over, Pfizer CEO Albert Bourla is betting on new drug approvals and deals.  ( 23 min )
    Breaking Down the Worst Earnings Quarter in Years
    A look at how companies and sectors performed in the second quarter of 2023.  ( 21 min )
    America’s Truckers, Cargo Pilots and Package Carriers Are Fed Up
    Inflation and resentment are stoking heightened labor activism, with FedEx pilots rejecting a union-brokered deal.  ( 26 min )
    Investors Bet That High Rates Will Linger
    ‘Bear steepening’ trade drives 10-year Treasury yield close to a decade-plus high.  ( 26 min )
    Tech war: China's memory chip efforts face stronger headwinds as Micron, Samsung, SK Hynix race ahead on AI
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    US Inflation Data May Offer Some Comfort to the Fed
    (Bloomberg) -- A closely watched measure of US inflation will probably illustrate more of the moderate price growth that the Federal Reserve wants to see sustained.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamMallorca’s Prime Housing Market Gets Boost From American BuyersBerkshire Operating Earnings Jump on Insurance StrengthThe co  ( 35 min )
    The China threat that’s already here – and on our roads
    The presenters of Top Gear pulled no punches as they ridiculed Chinese cars on a visit to the country just over a decade ago.  ( 40 min )
    Fed’s Bowman Signals More Rate Hikes May Be Needed
    (Bloomberg) -- Federal Reserve Governor Michelle Bowman said the US central bank may need to raise rates further in order to fully restore price stability.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamBerkshire Operating Earnings Jump on Insurance StrengthMallorca’s Prime Housing Market Gets Boost From American Buyers“Additional rat  ( 31 min )
    Miner Rio Tinto to test ‘new frontiers’ as copper age dawns
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )
    Musk's X to pay legal bills of people 'unfairly treated' for posting on platform
    "If you were unfairly treated by your employer due to posting or liking something on this platform, we will fund your legal bill," Musk said in a post on X late on Saturday, adding that there will be no limits to funding the bills. "And we won't just sue, it will be extremely loud and we will go after the boards of directors of the companies too," Musk said later in response to a post about nothing changing behavior in the U.S. faster than a threat of legal action. Late last month, Musk said that monthly users of X reached a "new high" and shared a graph that showed the latest count as over 540 million.  ( 30 min )
    What Meta, Amazon, Google, Apple and AMD Are Saying About AI
    The AI hype is real, and based on their latest earnings reports, all of the multibillion-dollar behemoths of tech sector are going all in.  ( 32 min )
    China Is Losing Out as Global Funds Chase Returns in Japan Stocks
    (Bloomberg) -- Japan is leaving China behind as Asia’s two largest stock markets compete for investor capital, with the latter’s prospects clouded by long-running concerns about economic growth and geopolitical tensions with the West.Most Read from BloombergChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveBerkshire Operating Earnings Jump on Insurance StrengthProsecutors Alert Judge to Trump’s ‘Coming After You!’ PostThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal Team  ( 33 min )
  • Open

    New Report Affirms Old Warning: Investors Shouldn't Try To 'Time the Market'
    Investors shouldn't try to 'time the market,' as poorly scheduled purchases and sales cost investors a fifth of their potential fund returns in the past decade.  ( 1 min )
  • Open

    'Barbie' Movie Could Have a Lasting Impact on These Companies
    "Barbie" isn't just one of 2023's biggest box office hits, it could also have a lasting financial impact on companies spanning fashion, entertainment, and home decor.  ( 1 min )
  • Open

    NU+ | Als Musk van X een WeChat-kloon wil maken, wacht hem kolossale taak
    Elon Musk is bezig het merk Twitter uit te wissen. Hij vervangt het beetje bij beetje in X, een app waarmee alles kan: van berichten sturen tot geld overmaken. Dat doet denken aan het Chinese WeChat. Wat kunnen we verwachten?  ( 5 min )
    Auto-industrie roept Duitsland op meer laadpunten bij te bouwen
    Duitsland moet het aantal openbare oplaadpunten voor elektrische auto's drastisch verhogen om de verkoop van stekkerwagens bij te benen. Die oproep deed de Duitse vereniging voor de auto-industrie dit weekend.  ( 4 min )
    Buurtwinkels houden hoofd amper boven water
    Buurtwinkels in ons land staan zwaar onder druk en verdwijnen steeds vaker uit het straatbeeld. Vooral kleine ondernemers in dorpen en kleine gemeenten moeten noodgedwongen hun deuren sluiten. In de afgelopen vier jaar ging het om honderden winkels.  ( 5 min )
    NU+ | Met de trein de grens over is vaak duur, maar dat hoeft niet
    Reizen met de trein wordt steeds populairder, vooral onder mensen die klimaatvriendelijk op vakantie willen. Waar moet je op letten als je zo'n treinreis gaat boeken?  ( 4 min )
    Buurtwinkels verdwijnen steeds vaker uit straatbeeld in kleine gemeenten
    Buurtwinkels in ons land staan zwaar onder druk en verdwijnen steeds vaker uit het straatbeeld. Vooral kleine ondernemers in dorpen en kleine gemeenten moeten noodgedwongen hun deuren sluiten. In de afgelopen vier jaar ging het om honderden winkels.  ( 5 min )

  • Open

    College Level Examination Program (CLEP) Definition
    The College Level Examination Program enables students to earn college credit for introductory-level courses through self-study and proctored or remote testing.  ( 20 min )
    Wharton School Definition
    The Wharton School is the business school at the University of Pennsylvania. It is one of the most prestigious schools in the world.  ( 21 min )
    How to Get Your Student Loans Forgiven
    Income-based repayment plans and forgiveness for public service employees can help you erase student debt.  ( 36 min )
    B-School: What It Is, How It Works, Pros and Cons
    In the business and finance industries, “B-School” is an abbreviated term for programs at colleges and universities specializing in business subjects.  ( 21 min )
    Vandalism and Malicious Mischief Insurance: How it Works
    Vandalism and malicious mischief insurance is a type of insurance coverage that protects against losses sustained as a result of vandals.  ( 21 min )
    Education vs. Experience: Which One Gets the Job?
    Is work experience or education more important for getting a good job? It depends on the field, but more education generally means more income.  ( 25 min )
    How to Save on Homeowners Insurance
    Homeowners insurance provides peace of mind if disaster strikes, but the average cost is about $1,200 a year. Find out how to save money on your homeowners insurance.  ( 23 min )
    What Are the Rules for CD Beneficiaries?
    CD beneficiaries inherit account balances when the account owner passes away. Learn what rules apply to CD beneficiaries.  ( 23 min )
    Return on Equity (ROE) vs. Return on Capital (ROC): What's the Difference?
    Return on equity (ROE) vs. return on capital (ROC) are two distinctly different formulas, as one includes only combined profit while the other considers debt.  ( 20 min )
    Why You Should Never Short a Stock
    Short selling a stock means you are betting on the stock decreasing in price. Before taking on this investment, you should fully understand the risks.  ( 20 min )
    10 of the Most Famous Traders of All Time
    A review of the most famous traders and infamous traders in history and how they affected the trading world, how they got their starts and what they're up to today.  ( 23 min )
    Casualty Insurance: Definition, Types, Examples
    Casualty insurance is a broad category of coverage against loss of property, damage or other liabilities. This includes workers' compensation.  ( 22 min )
    How To Double Your Money Every 6 Years
    Investing according to the rule of 72 is a good starting point for achieving your saving goals.  ( 19 min )
    Graduate Management Admission Test (GMAT): Definition, vs. GRE
    The graduate management admission test is an examination many business schools use to assess an applicant's aptitude in business reasoning and decision-making.  ( 22 min )
    Top 5 Positions in Warren Buffett's Portfolio
    Find out which stocks are the largest positions in Warren Buffett's portfolio.  ( 25 min )
    6 Good Reasons to Get Renter's Insurance
    If you rent, you still need insurance for personal property and if anyone is injured at your place. It even covers losses when you travel.  ( 21 min )
    Buffett's Berkshire Hathaway Swings to $36B Profit, Apple Stake Swells in Q2
    Warren Buffett's Berkshire Hathaway reported net income of $35.91 billion for the second quarter, boosted by stock holdings such as Apple.  ( 17 min )
    Does Warren Buffett invest in gold? Why or why not?
    Discover what Warren Buffett's investment stance is toward gold and silver, why he likes one of them a lot and the other one not at all.  ( 18 min )
    The Impact of Defaulting on a Student Loan
    Defaults on student loans happen all the time and they can have substantial consequences on a borrower's financial future, but legislation pends to help out.  ( 23 min )
    What Is Commercial Insurance?
    Commercial insurance, or business insurance, is coverage purchased by businesses to protect them from the costs of unexpected events during normal operations.  ( 21 min )
    Is Private School for Your Child a Good Value?
    Parents want their kids to get a good education, but whether a private school is worth it depends on its cost, your child's aptitudes, and many other factors.  ( 22 min )
    6 European Countries With Free College Tuition
    Some countries in Europe, such as Norway, Finland, and Germany, provide free or low-cost university education for all students.  ( 24 min )
    Kylie Jenner Just Launched Her Own Bratz Dolls—Here’s Her Net Worth Now
    Reality star Kylie Jenner just launched her own line of Bratz dolls. Jenner has a net worth of $680 million as of August 2023, thanks to her successful makeup brand, Kylie Cosmetics.  ( 19 min )
    How Many CD Terms Are There?
    Certificates of deposit (CDs) vary in length, but there are some standard terms. Find out more about the most common maturities to choose for your savings goals.  ( 22 min )
    What Are the Benefits of Credit Ratings?
    Credit ratings are an important tool for borrowers, both individuals and corporations. Learn about the benefits to having a good credit rating and how to improve it.  ( 21 min )
    These 10 Countries Now Have Better Credit Ratings Than The United States
    Would you rather lend money to the United States, or New Zealand? Going by credit rating alone, that could be a tossup, after Fitch Ratings downgraded its assessment of the U.S. on Tuesday.  ( 19 min )
    4 Basic Things to Know About Bonds
    Learn the basic lingo of bonds to unveil familiar market dynamics and open to the door to becoming a competent bond investor.  ( 28 min )
    First-Loss Policy: Definition, Purpose, Examples
    In a first-loss policy, the insured agrees to take less than full value for damaged property in return for not being penalized for under-insuring the property.  ( 22 min )
    Best's Capital Adequacy Relativity (BCAR): Meaning, How it Works
    Best's Capital Adequacy Relativity (BCAR) is a rating of an insurance company’s balance sheet strength. It examines an insurer’s leverage, underwriting activities, and financial performance.  ( 19 min )
    Additional Living Expense (ALE) Insurance: Meaning, Examples
    Additional living expense insurance covers additional costs of living incurred by a policyholder who is temporarily displaced from their place of residence.  ( 23 min )
    Paid Family and Medical Leave (PFML) by State
    Though paid family and medical leave policies can provide needed financial support, each state determines how they work and what they actually entail.  ( 34 min )
    Is the Iraqi Dinar a Wise Investment?
    The Iraqi dinar is a hot investment—but is it a wise one?  ( 23 min )
    Essential Tips for Buying a HUD Home
    HUD homes have been acquired by the federal government after foreclosure on an FHA-insured mortgage. Learn more about the benefits and risks of buying one.  ( 31 min )
    11 Mistakes Inexperienced Landlords Make
    Avoid these common pitfalls if you're considering investing in rental property.  ( 23 min )
    Chief Operating Officer (COO): Definition, Types, Qualifications
    The chief operating officer (COO) is a senior executive tasked with overseeing the day-to-day administrative and operational functions of a business.  ( 28 min )
    Renters Insurance: What it Means, How it Works
    Renters insurance is property insurance that covers a policyholder’s belongings, liability, and possibly living expenses in case of a loss event.  ( 22 min )
  • Open

    Warren Buffett is struggling to find bargains, Berkshire Hathaway's 2nd-quarter earnings show
    Buffett's company sold a net $8 billion of stocks and only spent $1.4 billion on buybacks last quarter, meaning its cash pile swelled to $147 billion.  ( 31 min )
    More firms on Wall Street are bracing for a stock sell-off. Here's why JPMorgan, Wells Fargo, and others say the market's huge gains are at risk.
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    (Bloomberg) -- Bond traders who just navigated their rockiest stretch in months will get little respite in the days ahead, which bring the biggest Treasury refunding slate since last year and a pivotal inflation reading.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamBerkshire Operating Earnings Jump on Insurance StrengthMallorca’s Pr  ( 32 min )
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    (Bloomberg) -- During periods of turmoil, gold tends to make headlines as fans of the precious metal argue it can act as a safe haven. But is it also an inflation hedge? Is it considered a risk asset? Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamMallorca’s Prime Housing Market Gets Boost From American BuyersBerkshire Operating Earn  ( 34 min )
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    Bowman said she supported the Fed's quarter-point increase in interest rates last month, given still-high inflation, strong consumer spending, a rebound in the housing market and a labor market that is helping to feed higher prices. "I also expect that additional rate increases will likely be needed to get inflation on a path down to the FOMC’s 2 percent target," she said in remarks prepared for delivery to the Kansas Bankers Association, referring to the Fed's rate-setting panel, the Federal Open Market Committee.  ( 30 min )
    Saudis Boost Most Oil Prices to Asia, Europe as Market Tightens
    (Bloomberg) -- Saudi Arabia raised nearly all oil prices for September to Asia and Europe as supply restrictions and rising demand tightens the crude market.Most Read from BloombergTexas Power Prices to Surge 800% on Sunday Amid Searing HeatChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveThe Most Dangerous Job for Lawyers Is Being on Trump’s Legal TeamBerkshire Operating Earnings Jump on Insurance StrengthMallorca’s Prime Housing Market Gets Boost From American BuyersState-owned S  ( 31 min )
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    7 Money Traps College Students Should Avoid
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    Is Google Stock A Buy As AI Investments Aim To Drive Ad, Cloud Growth?
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    I'm Retired. How Can I Lower My Social Security Taxes?
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    Ask an Advisor: When Taking RMDs, How Do I Avoid Locking in Losses? I'll Be 72 Years Old Soon, and My Stocks Are ‘Way Down' This Year
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    Berkshire Hathaway’s Profits Rise
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    AI Play Oracle, Amazon Rival Lead 5 Stocks Near Buy Points
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    Earnings Beat of the Week: Toyota Nearly Doubled Its Operating Profit
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    These 10 Countries Now Have Better Credit Ratings Than The United States
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    US stocks fall after erasing earlier gains as Apple sells off on earnings
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    Another Big Chinese Property Domino Is Wobbling
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  • Open

    Bekende Amerikaanse belegger Buffett kan flinke miljardenwinst bijschrijven
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    Klokkenluider Panama Papers wil miljoenen zien voor lekken documenten
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  • Open

    Earnings Beat of the Week: Toyota Nearly Doubled Its Operating Profit
    Toyota, the world's top-selling automaker, nearly doubled its operating profit from a year earlier as better pricing, productivity gains, and supply-chain improvements boosted sales.  ( 1 min )

  • Open

    What Happens When Your Student Loans Are Forgiven?
    If the U.S. Supreme Court rules in favor of President Biden’s student loan forgiveness plan, the Department of Education will notify lenders which borrowers are eligible for up to $20,000 in debt relief.  ( 26 min )
    Investing In The Healthcare Sector
    Perform a thorough checkup to uncover a medical stock with a clean bill of health.  ( 24 min )
    Top CD Rates Today: Best 3-Month Rate Rises, 18-Month Leader Drops
    Today's top three nationwide CD rates are 5.75% APY from Andrews Federal Credit Union, 5.60% APY from Northern Bank Direct, and 5.55% APY from Sallie Mae Bank.  ( 18 min )
    Automatic Premium Loan: Meaning, Overview and FAQs
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    S&P 500 Gains and Losses Today: Stocks Lose Ground as Hiring Slows
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    Sovereign Bond Yield: What It Is, How It Works
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    What Type of Brokerage Account Is Right for You?
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    4 Degrees Most Oil Companies Are Looking For
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    Icahn Enterprises Shares Slump After Slashing Its Dividend Following Short-Seller Attack
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    Only the biggest foreign investors may buy Saudi stocks directly. Non-billionaires can find exchange-traded funds that focus on Mideast investments.  ( 19 min )
    Introducing Pink: The OTC Open Market
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    6 Outrageous Political Earmarks
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    Toyota and Pony.ai Team Up To Produce Robotaxis in China
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    The uninsured rate fell to 7.7% in the first quarter of 2023, down from 8.3% in the last quarter of 2022. However, a pandemic-era rule expiration means that 3.9 people may have lost Medicaid coverage since April, possibly driving the uninsured rate back up.  ( 18 min )
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    Even after the company’s rocky acquisition by Elon Musk, Twitter’s main streams of revenue are still advertising and data licensing.  ( 25 min )
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    5 Things to Know Before Markets Open
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    A Quick Guide on How to Insure Jewelry
    What you need to know to keep those baubles, bangles, and beads safe.  ( 20 min )
    Competitive Advantage Definition with Types and Examples
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    Can Real Estate Agents Give Referral Fees?
    Learn about the process, laws, and guidelines of real estate agents paying other agents for referrals, and how brokers and licenses are involved.  ( 21 min )
    Book Runner: Definition, Duties, Vs. Other Underwriters
    A book runner is the main underwriter or lead manager when an investment bank issues new equity, debt, or securities instruments. Learn what the role entails.  ( 21 min )
    How To Avoid Paying Private Mortgage Insurance—PMI
    Private mortgage insurance (PMI) can be avoided by with a down payment of 20% or more or ended early by building up a 20% equity stake in a home.  ( 24 min )
  • Open

    The Fed Eventually Will Disappoint Wall Street and Main
    Don’t look for lower inflation or interest-rate cuts anytime soon. Instead, higher bond yields probably are in the offing.  ( 26 min )
    The US will be 'drowning in debt' over the next 30 years as interest costs rise
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    Hedge funds turn bearish again as yields spike
    Global hedge funds increased their bets that stocks will fall in a week when bonds yields rose after the United States' credit rating was downgraded, a Goldman Sachs report on Friday showed. Hedge funds added 4.6 short positions to each long position from July 7 to Aug. 3. Hedge funds were forced to partially unwind short bets in July to avoid further losses during a market rally triggered by better-than-expected corporate earnings.  ( 31 min )
    Surging S&P 500 Targets Finally Caught Up to the Stock Market. Why It’s Time to Buy Dips.
    Strategists have been rushing to catch up with the market, but stocks had other things in mind.  ( 26 min )
    Fortinet's stock plunged 25% after it warned about slowing sales
    A warning about slowing sales sent Fortinet's stock spiraling lower Friday.  ( 11 min )
    Mortgage payments are 19% more expensive than last year as home prices continue surging, Redfin says
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    Market Rally At Inflection Point, What To Do Now; Warren Buffett's Berkshire Earnings Due
    No content preview
    Top CD Rates Today: Best 3-Month Rate Rises, 18-Month Leader Drops
    Today's top three nationwide CD rates are 5.75% APY from Andrews Federal Credit Union, 5.60% APY from Northern Bank Direct, and 5.55% APY from Sallie Mae Bank.  ( 20 min )
    Warren Buffett's Berkshire Earnings: Four Items To Look For
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    Wall Street Giants Expect $8.9 Billion Hit From Bank Failures
    (Bloomberg) -- The biggest US lenders expect to pay almost $8.9 billion to help replenish the US government’s bedrock Deposit Insurance Fund after it was tapped to backstop uninsured depositors at Silicon Valley Bank and Signature Bank. Most Read from BloombergChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveS&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenSouth Africa Spurns US Pressure to Stop Using Chi  ( 32 min )
    US Treasury Market Topped Record $25 Trillion in July
    (Bloomberg) -- The US government is on the hook to investors for more than $25 trillion as it ramps up borrowing to plug a widening budget gap.Most Read from BloombergS&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveElon Musk Says Treasury Bills Are ‘No-Brainer’Fired-Up Traders Get Burned in ‘Everything Selloff’The combined total amount of Treasury bills, n  ( 30 min )
    3 reasons gas prices are climbing again
    California has America's most expensive gas at around $5.00 a gallon. The cheapest is in Mississippi at $3.32 a gallon.  ( 31 min )
    PayPal Stock Falls for 4th Day. Analyst Raises Concern Over Margins, Apple.
    Analysts at Evercore downgraded the stock to the equivalent of Hold because of Intensifying competition and declines in operating margins.  ( 26 min )
    Allianz ex-manager must face US fraud charges related to $7 billion investor loss
    A U.S. judge has rejected former Allianz fund manager Gregoire Tournant's bid to dismiss a criminal fraud case over his role in causing more than $7 billion of investor losses. In an order made public on Friday, U.S. District Judge Laura Taylor Swain in Manhattan federal court denied Tournant's motion to dismiss the five-count indictment, which also includes an obstruction charge. Tournant has pleaded not guilty.  ( 31 min )
    REITs Beating And Meeting FFO Estimates Yet Missing On Revenues: Is This A Sign Of Things To Come?
    Newer investors sometimes struggle to understand the difference between earnings per share (EPS), funds from operations (FFO) and revenue in the context of real estate investment trusts (REITs). Revenue represents the total amount of money that a company generates from sales, rents or other sources. Earnings per share refers to the company's profitability after deducting all expenses from its revenue. Higher revenue does not guarantee significant profitability if expenses are also high. Converse  ( 32 min )
    Fired-Up Traders Get Burned in ‘Everything Selloff’
    (Bloomberg) -- When skepticism shifts to euphoria as quickly as it has in 2023’s stock and bond markets, the comeuppance is apt to be swift.Most Read from BloombergS&P 500 Wipes Out Almost 1% Gain; Bond Yields Drop: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenChina Embassy Rips ‘Brutal’ Russia Border Incident in Rare MoveElon Musk Says Treasury Bills Are ‘No-Brainer’Credit Suisse Collapsed, And Switzerland Went Back to Making MoneyThat was the tale of the tape this  ( 32 min )
    Stocks flip to losses to end rough week, Amazon surges: Stock market news today
    Stocks flipped into the red Friday to close out a rough first few days in August.  ( 32 min )
    Apple stock falls 5% as hardware slowdown overshadows another record quarter for services
    Apple's services business has set consecutive sales records, but Wall Street was more focused on sliding revenue from hardware.  ( 32 min )
    Two Little-Known Stocks Hit New Highs, Break Out On Earnings
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    Nikola’s cash position improves but losses widen in Q2
    Asset sales in Q2 helped Nikola add cash to its balance sheet, but losses widened as ramp-up of fuel cell trucks consumed cash. The post Nikola’s cash position improves but losses widen in Q2 appeared first on FreightWaves.  ( 33 min )
    Flying Cars Are Nearly Here—and They’re Electric
    Companies like Joby and Archer are about to begin production of electric vertical takeoff and landing aircraft. For investors, the upside could be in the billions. For city dwellers, the skies will never be the same.  ( 35 min )
    Trucking firm Yellow considers asset sale through bankruptcy filing - Bloomberg News
    The company's assets have attracted the interest of a potential financial bidder, the report said adding that the bankruptcy filing could turn into a liquidation. Yellow did not immediately respond to a Reuters request for comment. The cash-strapped U.S. trucking company had ceased operations and was planning to file for bankruptcy after failing to reorganize and refinance over a billion dollars in debt, the Teamsters Union said on Sunday.  ( 31 min )
    Dow Jones Reverses Lower On Reports Of Cyberattack; Fortinet Slammed After Earnings
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    Icahn Enterprises Shares Slump After Slashing Its Dividend Following Short-Seller Attack
    Shares of Icahn Enterprises tumbled after the investment firm cut its dividend in half in the wake of criticism from Hindenburg Research.  ( 18 min )
    Elon Musk touts short-term Treasurys as a 'no-brainer,' echoing Warren Buffett and Bill Ackman
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    Dow Jones, Other Indexes Reverse Lower As Apple Falls Below Key Level
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    Power at the gas pump: Oregon lets drivers fuel their own cars, lifting decades-old self-serve ban
    For the first time in 72 years, Oregon motorists can grab a fuel nozzle and pump gas into their cars on their own, since a decades-old ban on self-serve gas stations has been revoked. Gov. Tina Kotek signed a bill on Friday allowing people across the state to choose between having an attendant pump gas or doing it themselves. “I’ve spent a lot of time in California,” Cooper said.  ( 35 min )
    Today’s Biggest S&P 500 Loser Isn’t a Household Name. It’s Dragging Down IT Stocks Anyhow
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    Warren Buffett's $31,500 House Is Now Worth $1.44 Million But He Says He Would Have Made Far More Money By Renting Instead
    Dubbed the Oracle of Omaha, Warren Buffett is renowned for his simple and frugal lifestyle. Despite being the sixth richest person globally, with a net worth estimated at $117.9 billion, Buffett continues to live in the same modest home in Omaha that he purchased in 1958 for just $31,500. Adjusted for inflation, that amount today would be approximately $328,990.80, a mere 0.000279% of his total net worth. Buffett has consistently ranked the purchase of his home as the third-best investment he ha  ( 31 min )
    Inflation is still walloping wallets. Just ask America's diner, Denny's.
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    Analyst Report: Kimco Realty Corp.
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    Analyst Report: Prudential Financial Inc.
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    Analyst Report: Illumina Inc
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    Icahn Enterprises cuts dividend by half in effort to conserve cash
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    Property insurance going up or away for many in brewing crisis
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    Tupperware said on Thursday it had struck an agreement with its lenders which will help reduce or reallocate about $150 million of cash interest and fees, and would give it immediate access to a revolving borrowing capacity of about $21 million. Widely recognized for its bright-colored plastic airtight containers, the company had recently caught retail traders' attention, which has helped drive a more than 449% share surge over the past three weeks. Tupperware was the fourth most touted stock on investors-focused social media, stocktwits.com on Friday.  ( 31 min )
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    The turnaround stories being overlooked by investors in 2023: Morning Brief
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    Massive backlash over U.S. credit rating downgrade forces Fitch into defense mode: ‘The numbers speak for themselves’
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    Amazon Frankfurt-listed shares surge, Apple slides after results
    Amazon shares surged on Friday in Frankfurt trading after the company issued an upbeat outlook for the third quarter, while Apple's German-listed shares fell after the company forecast a continued slide in sales. Amazon jumped 8.5% on the German market, echoing the steep rise in extended U.S. trading on Thursday after the company reported sales growth and profit that beat Wall Street's expectations, thanks to faster, cheaper deliveries to customers and to the recent headwinds in cloud-computing beginning to subside. Apple shares fell 2.3% in Frankfurt fell 2.3% after the iPhone maker on Thursday forecast that a sales slump would continue into the current quarter, which sent shares down in after-hours trading despite beating Wall Street sales and profit targets in the fiscal third quarter.  ( 30 min )
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  • Open

    S&P 500 Gains and Losses Today: Stocks Lose Ground as Hiring Slows
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    Markets Higher Midday After Upbeat Earnings, July Jobs Report
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  • Open

    NASA heeft na 'foutje' weer contact met 45 jaar oude ruimtesonde Voyager 2
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    Meerdere partijen willen VanMoof overnemen, volgende week meer duidelijkheid
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  • Open

    Toyota and Pony.ai Team Up To Produce Robotaxis in China
    Toyota, GAC-Toyota, and Pony.ai will invest $140 million to manufacture a fleet of driverless taxis in China.  ( 1 min )

  • Open

    Insiders Pour Millions Into These 2 Dividend Stocks — Here’s Why You Might Want to Ride Their Coattails
    Investors are constantly looking for ways to generate solid returns, after all, that is the whole point of investing. Achieving that goal is easier said than done, however. As with anything, if it were really simple, investors would only have success stories to tell. That said, there are ways to gain an edge in the market, and one common route is to keep track of insiders’ actions. Insiders are the high-level company officers, Board members, CFOs and COOs, up to CEOs, whose positions give them a  ( 35 min )
    Apple Faces Longest Sales Slowdown in Decades as iPhone Slumps
    (Bloomberg) -- Apple Inc. posted its third straight quarter of declining sales and predicted a similar performance in the current period, hurt by an industrywide slump that has sapped demand for phones, computers and tablets.Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapElon Musk Says Treasury Bills Are ‘No-Brainer’China Official’s Call to Save Xi’s City Angers Flood VictimsThe Strange Story  ( 34 min )
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    (Bloomberg) -- In 2022 it was “Schwinger,” or traditional Swiss wrestlers, that were the star attraction. This year it was youth groups. Every Aug. 1 since 1891, patriotic Swiss have gathered on an Alpine meadow overlooking Lake Lucerne to commemorate a rebellion in 1291 that was the foundation of “modern” Switzerland. This is a country that likes tradition. Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenQQQ Churns in Late Hours on Apple, Amazon Earnings:  ( 38 min )
    GM criticizes autoworkers union's contract demands
    General Motors on Thursday said it expects to offer union workers higher wages but granting the United Auto Workers' ambitious contract demands would hurt its ability to make sound business decisions. The UAW presented its economic demands to Chrysler-parent Stellantis on Tuesday, General Motors on Wednesday and Ford on Thursday ahead of the Sept. 14 expiration of the current four-year contracts. GM said, "A fair agreement rewards our employees and also enables GM to maintain our momentum now and into the future... We think it’s important to protect U.S. manufacturing and jobs in an industry that is dominated by non-unionized competition."  ( 31 min )
    UPDATE 1-Nikola gets required shareholder votes for share increase proposal
    Electric truck maker Nikola Corp said on Thursday it had garnered enough support for a proposal to increase the number of shares it can issue, opening the doors to much-needed capital. The company had to adjourn its shareholder meeting twice because it lacked enough votes, even as it urged shareholders for months to vote in favor of so-called Proposal 2, saying its ability to continue as a going concern would be "out of reach" without the additional shares. "This positive outcome, particularly with respect to Proposal 2, was critical for continued growth and success as we move forward with our strategic priorities," CEO Michael Lohscheller said in a statement.  ( 31 min )
    Apple iPhone sales drop more than forecast, revenue falls for third straight quarter
    Apple reported quarterly earnings Thursday after the bell, rounding out the results from the tech giants.  ( 31 min )
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    The agreement will help the company to reduce or reallocate about $150 million of cash interest and fees, and would give it immediate access to a revolving borrowing capacity of about $21 million. Known for its plastic airtight storage containers and bowls, Tupperware has seen a sharp drop in demand recently as consumers limit discretionary purchases amid higher prices and fears of recession. The company had on April 7 raised doubt about its ability to continue as going concern after failing to improve its business for about three years.  ( 31 min )
    Axcelis Technologies Smashes Second-Quarter Estimates, Guides Higher
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    Cloudflare Earnings Top Estimates; Guidance Tweaked Up
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    Coinbase Q2 crypto trading revenue dipped as SEC turned up the heat
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    Nikola gets required shareholder votes for share increase proposal
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    Apple’s eked out a slightly higher profit last quarter even though sales dipped during the period, a time during which the iPhone maker became the first publicly held company in the U.S. to be valued at $3 trillion. The results released Thursday covered April through June, the third consecutive quarter that Apple has posted a year-over-year decline in revenue. Apple's stock declined by about 1% in extended trading after the numbers came out.  ( 30 min )
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    Apple Stock Drops As iPhone Maker's Sales Decline For Third Straight Quarter
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    Apple Booked Less Revenue From iPhones and Macs, More From Services
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    Square Earnings Top Estimates, Updated Guidance Disappoints
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    DigitalOcean Cuts Outlook, Plans to Restate Some Results
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    Moderna sees up to $8 billion in 2023 COVID vaccine sales on private market hopes
    Moderna Inc on Thursday raised its annual forecast for COVID-19 vaccine sales to up to $8 billion on hopes of a boost in the fall season as sales move to a private market in the United States from government contracts. Sales of COVID-19 products have slumped after bumper growth during the peak of the pandemic. Moderna expects $6 billion to $8 billion in sales from its COVID shots this year, up from its previous forecast of $5 billion, driven by potential U.S. demand for 50 to 100 million doses in the fall season.  ( 31 min )
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  • Open

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    PayPal's Adjusted Operating Margin Misses Its Forecast, and Shares Plunge
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    Thirty-year mortgage rates edged higher while jumbo 30-year rates jumped to their highest mark since at least 2009. Refinancing rates on 30-year loans climbed for a fifth day.  ( 20 min )
    Apple Card Saving Accounts Offered by Goldman Sachs Cross $10 Billion in Deposits
    With its high yields and the ubiquity of iPhones, Apple's savings account has attracted over $10 billion in deposits since its launch in April.  ( 17 min )
    What Is Joint Tenancy in Property Ownership?
    Joint tenancy is a legal arrangement in which two or more people own a property together, each with equal rights and obligations.  ( 28 min )
    ConocoPhillips Misses Earnings Expectations Despite Record Production
    Energy giant ConocoPhillips posted second-quarter profit and revenue that missed expectations, reflecting a pullback in oil prices from last year's highs and despite record production levels.  ( 17 min )
    Creditworthiness: Definition, How to Check and Improve It
    Creditworthiness is a measure of the likelihood that you will default on your debt obligations. Lenders consider your creditworthiness when you apply for a loan.  ( 21 min )
    Funds Transfer Pricing (FTP): What It Is and How It's Calculated
    Funds transfer pricing (FTP) analyzes bank funding contributes to areas of strength and weakness within the bank.  ( 22 min )
    How to Buy Treasury Bonds and Bills
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    5 Things to Know Before Markets Open
    Robinhood shares fell as its first-time profit was overshadowed by a drop in users and Anheuser-Busch InBev shares rose after it beat estimates on earnings despite a boycott. Here’s what investors need to know today.  ( 18 min )
    Level I vs. Level II vs. Level III ADRs: What's the Difference?
    Understand the difference between sponsored American depositary receipts (ADRs) categorized within level I, II or III. Find out how investors can benefit.  ( 21 min )
    What Is a Lease Option? Requirements, Benefits, and Example
    A lease option is an agreement that gives a renter the choice to purchase the rented property during or at the end of the rental period.  ( 29 min )
    Quitclaim Deed: What It Is and How It Works
    A quitclaim deed releases a person’s interest in a property without stating the nature of the person’s interest or rights, and with no warranties of ownership.  ( 21 min )
  • Open

    S&P 500 Gains and Losses Today: Stocks Fall After Weaker-Than-Expected Earnings Reports
    The S&P 500 fell 0.3% on Thursday, Aug. 3, 2023 after weaker-than-expected earnings reports from ecommerce, travel, and chip companies weighed on the index.  ( 1 min )
    What to Anticipate in Friday's Unemployment Data
    Employment and payroll data is expected to remain stable Friday, but any surprises could roil the markets.  ( 1 min )
    Markets Mixed at Midday as Several S&P 500 Companies Warn About Revenue
    U.S. equities were mixed and little changed at midday on Thursday, Aug. 3, 2023, amid concerns about higher interest rates and the latest earnings reports.  ( 1 min )
    5 Things to Know Before Markets Open
    Robinhood shares fell as its first-time profit was overshadowed by a drop in users and Anheuser-Busch InBev shares rose after it beat estimates on earnings despite a boycott. Here’s what investors need to know today.  ( 1 min )
  • Open

    Tesla's EV Sales in China Fell More Than 30% in July
    Tesla's electric vehicle (EV) sales in China fell more than 30% last month compared with June, according to the China Passenger Car Association (CPCA). Domestic EV manufacturers in China like BYD, Nio (NIO), and Xpeng (XPEV) gained ground.  ( 1 min )
    Tesla Hit With Another Class Action Lawsuit, This Time Over Driving Range
    Tesla is being sued for fraud after reports revealed the company has been knowingly inflating driving-range figures at the behest of CEO Elon Musk.  ( 1 min )
    Regeneron Shares Jump After Saying It Expects an FDA Decision on Its Eye Treatment Soon
    Shares of Regeneron jumped after the drug maker indicated it expects the FDA will soon approve a higher-dose version of its blockbuster drug to treat macular degeneration.  ( 1 min )
    Apple Card Saving Accounts Offered by Goldman Sachs Cross $10 Billion in Deposits
    With its high yields and the ubiquity of iPhones, Apple's savings account has attracted over $10 billion in deposits since its launch in April.  ( 1 min )
  • Open

    Saoedi-Arabië beperkt olieproductie opnieuw en dat merken we aan de pomp
    Saoedi-Arabië gaat de olieproductie nog een maand langer beperken. De olieprijzen stijgen al maanden doordat olieproducerende landen hun productie terugschroeven. En dat merken we aan de pomp.  ( 3 min )
    Volkswagen heeft geen financiële schade door brand vrachtschip
    De brand op vrachtschip Fremantle Highway heeft geen financiële gevolgen voor Volkswagen. Volgens een woordvoerder is "een zeer klein deel" van de auto’s aan boord van een van de Volkswagen-merken, zoals Audi, Seat of Volkswagen zelf. En die zijn verzekerd.  ( 4 min )
    In 100 woorden | Kan er een nieuwe veilige route voor Oekraïens graan komen?
    Na een Russische aanval op de Oekraïense havenstad Izmail is de prijs van graan weer gestegen. Oekraïne produceert veel graan, maar kan het door de oorlog lastig exporteren. Rusland trok zich onlangs terug uit de 'graandeal'. NU.nl-lezers vroegen zich af: is er echt geen alternatief?  ( 3 min )
    Kersen steeds duurder door dramatisch oogstjaar, ook zorgen over aardappelen
    Nederlandse kersentelers beleven een dramatisch jaar door het koude en natte voorjaar. De oogsten zijn volgens telers de helft lager dan in 2022, met duurdere kersen tot gevolg. Inmiddels zijn er ook zorgen over bijvoorbeeld bessen en aardappelen.  ( 4 min )
    Ook SNS, ASN en RegioBank verhogen hun spaarrentes weer
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    Oogst kersen, bessen en aardappels moeizaam door slecht weer
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    Ook Britse rente stijgt naar hoogste niveau in ruim vijftien jaar
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    Binnenzwembaden bommetjevol door regenachtige zomerdagen
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    Landelijke pinstoring aan winkelkassa's na veertig minuten weer voorbij
    Een korte pinstoring zorgde er donderdag voor dat er bij kassa's door het hele land tijdelijk niet of nauwelijks gepind kon worden. Inmiddels zijn de problemen volgens Betaalvereniging Nederland verholpen.  ( 3 min )
    Pinstoring veroorzaakt door het hele land problemen bij kassa's in winkels
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    Bierbrouwer AB InBev maakt winst ondanks Amerikaanse boycot
    Het Belgische bierconcern AB InBev kan opgelucht ademhalen. Het moederbedrijf van onder meer Budweiser werd het afgelopen kwartaal geteisterd door de inflatie en een boycot, maar maakte wereldwijd toch 7 procent meer omzet.  ( 3 min )
    Turkse inflatie stijgt weer na acht maanden van daling
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    Super Mario-film en nieuwe Zelda-game bezorgen Nintendo een recordwinst
    Nintendo maakte nog nooit zoveel winst als in het afgelopen kwartaal. Het Japanse bedrijf scoorde volop met The Super Mario Bros. Movie en het populaire spel The Legend of Zelda: Tears of the Kingdom.  ( 3 min )
    Nederlandse groene stroom steeds gewilder
    We kiezen steeds vaker voor een stroomcontract met Nederlandse groene stoom. Het gaat dan om een combinatiecontract met gas waarvan de CO2-uitstoot wordt gecompenseerd. Het afgelopen kwartaal werd dat 22 procent vaker aangevraagd dan een jaar terug, meldt prijsvergelijker PriceWise.  ( 3 min )
    Alliander ziet aantal klachten over terugleveren zonnestroom verdrievoudigen
    Consumenten ondervinden meer hinder van de energietransitie. Het gebeurt bijvoorbeeld steeds vaker dat ze hun opgewekte zonnestroom kortstondig niet kunnen terugleveren aan het stroomnet.  ( 3 min )
    Als het aan China ligt mogen jongeren maximaal twee uur per dag op internet
    Chinese kinderen onder de achttien jaar mogen binnenkort mogelijk nog maar een paar uur per dag online op hun telefoons. De Chinese toezichthouder heeft daarvoor een voorstel ingediend. In China wordt de schermtijd van kinderen al jaren beperkt.  ( 4 min )
    Consumenten kiezen vaker voor Nederlandse groene stroom
    We kiezen steeds vaker voor een stroomcontract met Nederlandse groene stoom. Het gaat dan om een combinatiecontract met gas waarvan de CO2-uitstoot wordt gecompenseerd. Het afgelopen kwartaal werd dat 22 procent vaker aangevraagd dan een jaar terug, meldt prijsvergelijker PriceWise.  ( 3 min )
    Lufthansa ziet vraag naar vliegtickets fors toenemen
    De Duitse luchtvaartmaatschappij Lufthansa verwacht dat de vraag naar vliegtickets ook de rest van het jaar hoog blijft. Het aantal boekingen van augustus tot en met december is ruim 90 procent groter dan in de periode voor de coronacrisis.  ( 3 min )
    ING boekt meer winst vanwege hogere rente
    ING heeft afgelopen kwartaal flink geprofiteerd van de hogere rente. Het concern zag vooral de rente-inkomsten toenemen.  ( 3 min )
    UWV wist al drie jaar dat het de privacy van mensen schond
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    Geld maakt niet gelukkig: Friezen zijn minder rijk, maar wel meest tevreden
    Inwoners van Friesland bewijzen dat geld niet per se gelukkig maakt. Zij zijn bovengemiddeld tevreden over hun leven, terwijl de Randstad en Noord-Brabant beduidend rijker zijn.  ( 5 min )
    Stijgende lonen houden de inflatie hoog
    De stijgende loonkosten zorgen ervoor dat de prijzen op een hoog niveau blijven. In verschillende sectoren zijn de lonen de afgelopen maanden flink gestegen en steeds meer bedrijven berekenen dat nu door.  ( 5 min )
    Uitkeringsinstantie UWV wist al drie jaar dat het de privacy van mensen schond
    Het UWV wist al sinds 2020 dat het de privacy van uitkeringsgerechtigden schond door zonder toestemming cookies te plaatsen om te kijken of ze ongeoorloofd in het buitenland verbleven terwijl ze een WW-uitkering ontvingen. Dat blijkt uit onderzoek van de NOS.  ( 5 min )
    Stijgende loonkosten zorgen ervoor dat de inflatie hoog blijft
    De stijgende loonkosten zorgen ervoor dat de prijzen op een hoog niveau blijven. In verschillende sectoren zijn de lonen de afgelopen maanden flink gestegen en steeds meer bedrijven berekenen dat nu door.  ( 5 min )

  • Open

    Abrupt layoffs center of lawsuit against Yellow
    A Yellow employee has filed a class-action lawsuit over the company’s failure to provide advance notices of mass layoffs. The post Abrupt layoffs center of lawsuit against Yellow appeared first on FreightWaves.  ( 31 min )
    Analysis-In India, it's advantage Tesla as Chinese automakers face heat
    China's loss in India could be Elon Musk's gain. Tesla has had a red-carpet welcome from India for its proposal to invest in the country, while its largest rival in electric vehicles, China's BYD, has been stopped cold by increased scrutiny from New Delhi. The result could be an opening for Tesla to negotiate terms for an entry to the world's third-largest auto market without the competitive threat from BYD that it faces in other emerging markets, like Thailand.  ( 33 min )
    A $15 Billion Electric Vehicle Niche Is Flying Under Wall Street’s Radar
    The EV market has become extremely competitive in 2023, and while some of the smaller players are getting crushed, smart investors are betting on highly profitable niches such as electric boats  ( 43 min )
    Qualcomm Slides as Smartphone Slump Drags On; Job Cuts Planned
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    Qualcomm Slides as Smartphone Slump Drags On; Job Cuts Planned
    (Bloomberg) -- Qualcomm Inc., the largest maker of smartphone processors, gave a tepid revenue forecast for the current period, indicating that demand for mobile devices remains weak even as the industry emerges from a glut.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Drops 1% After Rally as Bond Yields Climb: Markets WrapPoland Sends Troops to Belarus Border After Airspace BreachWhy t  ( 31 min )
    PayPal's shares fell 7% amid a drop in its operating margin
    Investors frowned on PayPal's second quarter report.  ( 9 min )
    Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs
    Qualcomm, Stung by Sluggish Smartphone Market, Plans Layoffs  ( 25 min )
    PayPal Stock Falls After Results Fail to Impress
    The company reported non-GAAP earnings of $1.16, edging out expectations at $1.15 a share, according to FactSet.  ( 26 min )
    EVgo Smashes Wall Street Estimates. Its Stock Is Soaring.
    EVgo reported a per-share loss of 8 cents from $50.6 million in sales. Wall Street was looking for a 26-cent loss from sales of $29.5 million.  ( 26 min )
    UPDATE 1-Energy Transfer reports lower Q2 earnings, weighed by natural gas prices
    U.S. midstream company Energy Transfer on Wednesday reported lower earnings for the second quarter despite higher transport volumes in most energy product segments versus a year ago. Lower natural gas and natural gas liquids (NGL) prices affected results, the company said. Energy Transfer expects full-year 2023 adjusted EBITDA to range between $13.1 billion and $13.4 billion, which is slightly tighter than the previous range of $13.05 billion to $13.45 billion.  ( 31 min )
    A worrying sell signal just flashed for the stock market in August, says one of Wall Street's most reliable bulls
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    PayPal Shares Fall After Results Fail to Impress
    The company reported non-GAAP earnings of $1.16, edging out expectations at $1.15 a share, according to FactSet.  ( 26 min )
    PayPal Earnings, Revenue Edge By Views As Analysts Pine For CEO News
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    Occidental Buys Back $522 Million of Berkshire Preferred Stock
    (Bloomberg) -- Occidental Petroleum Corp. bought back $522 million of Berkshire Hathaway Inc.’s preferred stock in the second quarter, demonstrating its willingness to repay Warren Buffett even as commodity prices drop. Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Has Worst Day Since April After Big Rally: Markets WrapPoland Sends Troops to Belarus Border After Airspace BreachWhy the U  ( 31 min )
    Shopify Earnings Top Estimates. Management Is Upbeat.
    The e-commerce software company expects faster revenue growth than Wall Street analysts had penciled in.  ( 26 min )
    Top CDs Today: Another CD Offers Benchmark Rate
    See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )
    SolarEdge Warns About US Solar Sales, and Shares Sink
    SolarEdge Technologies shares cratered after the solar power company warned its business is being hurt by high borrowing costs, and gave current quarter guidance that missed estimates.  ( 18 min )
    Virgin Galactic's Revenue Jumps 500% as Space Tourism Takes Off
    Richard Branson's Virgin Galactic saw its revenue and expenses both surge in the second quarter as it officially began flying paying customers.  ( 31 min )
    UPDATE 1-Occidental Petroleum profit slumps 83% on lower energy prices
    Occidental Petroleum Corp on Wednesday reported an 83% slump in second-quarter profit, hit by lower oil and gas prices. Oil and gas prices soared last year in the wake of Russia's invasion of Ukraine but energy prices have dropped sharply this year as fears of shortages eased amid global economic challenges. The lower oil prices were still lucrative for oil producers and Occidental's production in the quarter rose to 1.22 million barrels of oil equivalent per day (boepd) from 1.15 million boepd a year earlier.  ( 30 min )
    Occidental Petroleum profit misses estimates on lower energy prices
    Occidental Petroleum Corp on Wednesday reported an 83% decline in second-quarter profit on lower crude prices and weaker production. Occidental, one of the largest oil and gas producers in the U.S., said net income attributable to common stockholders stood at $605 million, or $0.63 per share, for the three months ended June 30, compared with $3.55 billion, or $3.47 per share, a year ago.  ( 30 min )
    E-Commerce Firm Shopify Earnings, Revenue Top Estimates
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    PayPal's underwhelming margin eclipses gains from upbeat consumer spending
    Though inflationary headwinds and subsequent interest rate hikes have squeezed budgets in households, consumer spending held up through the second quarter, driving an 11% surge in PayPal's total payment volume to $376.5 billion. PayPal expects third-quarter revenue at about $7.4 billion, above analysts' average estimate of $7.32 billion, according to Refinitiv data. The optimistic revenue forecast echoed results of card giants Mastercard and Visa, which posted a boost in quarterly profits on the back of strong consumer spending.  ( 31 min )
    PayPal forecasts quarterly revenue above estimates as consumers shrug inflation worries
    Payments firm PayPal Holdings forecast third-quarter revenue above estimates on Wednesday, expecting consumers to remain resilient in the face of a tough economy. Though inflationary headwinds and subsequent interest rate hikes have squeezed budgets in households, consumer spending held up through the second quarter, driving an 11% surge in PayPal's total payment volume to $376.5 billion. PayPal expects third-quarter revenue at about $7.4 billion, above analysts' average estimate of $7.32 billion, according to Refinitiv data.  ( 31 min )
    MercadoLibre's Q2 profit doubles on higher sales volume, user growth
    South American e-commerce giant MercadoLibre reported on Wednesday a 113% rise in its second-quarter net income from a year earlier to $261.9 million, amid higher sales volume and an increase in users. The company, with presence in over 18 countries across Latin America, saw its net revenue rise 57.3% in constant currency to $3.4 billion. Over the quarter, MercadoLibre said it added 8.1 million new users across its operations, bringing its total active user base to 108.6 million.  ( 31 min )
    Qualcomm forecasts sales below estimates as smartphone slump persists
    Demand for consumer electronics has also been hampered by a slower-than-expected economic recovery in China. Smartphone shipments in the world's second largest economy were down 5% in the June quarter, according to Canalys data. Qualcomm said its forecast also takes into account the impact of the macroeconomic headwinds, weaker global handset units and channel inventory drawdown.  ( 30 min )
    Stocks plunge as credit downgrade rattles Wall Street: Stock market news today
    Stocks slid Wednesday after the Fitch agency downgraded US credit.  ( 31 min )
    The S&P 500 Fell 7% After the Last U.S. Credit Downgrade. What Happens Next.
    Fitch downgraded the U.S. credit rating in a shock move that has sent stocks lower. But there is reason to believe it won't be as bad as the last downgrade.  ( 26 min )
    Amazon earnings preview: Cloud looms as investors also eye retail, ads, and AI
    Amazon will report its Q2 2023 earnings on Thursday after the market closes.  ( 33 min )
    Jamie Dimon Calls Fitch Downgrade ‘Ridiculous’
    JPMorgan Chase CEO Jamie Dimon criticized Fitch's decision to downgrade the U.S. government's credit rating, calling it “ridiculous.” “I would point out to the rating agencies if I could that there are a bunch of countries rated higher than us, like AAA, but they live under the American enterprise  ( 11 min )
    Trump-Tied SPAC Hits Another Snag as Auditor Abruptly Resigns
    (Bloomberg) -- A deal to take Donald Trump’s media company public is facing another major setback, putting into question whether it will ever get completed. Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Drops 1% After Rally as Bond Yields Climb: Markets WrapPoland Sends Troops to Belarus Border After Airspace BreachWhy the US Credit Rating Was Cut by Fitch and What It MeansSpecial-purpo  ( 32 min )
    AMD shares fall as analysts worry AI chip targets may be ambitious
    The fall came amid a broader sell-off in the tech sector that saw megacap stocks fall 1.5% to 5% and the Philadelphia SE Semiconductor Index drop 3.5%. AI has been a key theme in the chip sector so far this year, driving shares of chip companies and helping Nvidia become the first and only semiconductor firm to be valued at more than a trillion dollars. Investors hope AMD will emerge with a challenger chip to Nvidia's most powerful AI semiconductors and help in fulfilling strong demand for chips that can power applications like chatbot ChatGPT.  ( 31 min )
    Big Money Still Buying These 9 Stocks After Huge Rally; Tesla Stock Is Among Them
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    UBS lays off Credit Suisse investment bank staff, closes Houston office -source
    UBS Group is laying off employees from Credit Suisse's investment bank this week in New York, a source familiar with the situation said. On top of the layoffs in New York, UBS has decided to close Credit Suisse's office in Houston, the person added, asking for anonymity to speak freely on the matter. The office in Houston used to lead business with the oil industry, which will now be covered by New York, the source added, also declining to specify the number of people affected.  ( 30 min )
    Jamie Dimon on Fitch's Downgrade of U.S.: It Doesn’t Matter
    Jamie Dimon, the chief executive of JPMorgan Chase, said Fitch’s downgrade of the U.S. credit rating shouldn’t be too concerning about how investors view the country’s ability to pay its debt. In an intervi  ( 22 min )
    Fitch's US debt-rating downgrade is bad news for stocks. Here's everything you need to know.
    The ratings agency cut the US's credit score late Tuesday, citing rising debts and an "erosion of governance."  ( 31 min )
    3 Mortgage REITs That Just Beat Estimates On Earnings And Revenue
    It's well-established on Wall Street that companies that beat the analysts' estimates often outperform other stocks over the next few weeks. And when the "beat" is on both earnings and revenue, it's even more likely to propel a stock higher. But sometimes Wall Street will "buy on the rumor, sell on the news," and a stock may drop for a day or two after the earnings report. Analysts' opinions often carry more weight than the earnings performance of a company. Take a look at three real estate inve  ( 33 min )
    Treasury Yields Hit 2023 Highs
    (Bloomberg) -- Bond investors are pushing US Treasury yields to fresh 2023 highs, spooked by plans for a flood of government-debt issuance and signs of the labor market’s enduring strength. Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PolicePoland Sends Troops to Belarus Border After Airspace BreachStock Traders Fret Over a Steeper US Yield Curve: Markets WrapWhy the US Credit Rating Was Cut by Fitc  ( 30 min )
    Analyst Report: AT&T, Inc.
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    Analyst Report: Teladoc Health Inc
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    Analyst Report: Seagate Tech Hldgs Pl
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    Analyst Report: Sysco Corp.
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    Analyst Report: Healthpeak Properties Inc
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    Warner Bros. Discovery Q2 earnings: Max debut could drive higher churn
    Warner Bros. Discovery is set to report second-quarter earnings on Thursday. Here's what to expect.  ( 33 min )
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    Crappy real-estate agents are costing homebuyers millions
    It's way too easy to become a real estate agent, posing a threat to both consumers and experienced Realtors.  ( 36 min )
    Fitch Catches Flak For Oddly-Timed U.S. Credit Downgrade
    The Fitch agency’s downgrade of the U.S. government’s credit rating is being met with pushback from officials and well known economists, while others said it highlighted the need for the government to reduce spending deficits.  ( 20 min )
    Investors are making the same mistake they made during the dot-com and housing bubbles, analyst says
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    Best Dow Jones Stocks To Buy And Watch In August 2023: Apple, Microsoft Sell Off
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    'Recession Will Likely Be Necessary': JPMorgan Just Issued A Strong Warning About Stocks, Says The Impact Of Spiking Rates Has 'Yet To Be Felt'
    The U.S. economy grew at an upwardly revised annual rate of 2% in the first quarter, shrugging off prior fears of a recession. But according to JPMorgan Chase & Co., the “R word” may be inevitable. That’s because of the U.S. Federal Reserve’s aggressive interest rate hikes to tame rampant inflation. “While the economy’s recent resilience may delay the onset of a recession, we believe that most of the lagged effects of the past year’s monetary tightening have yet to be felt, and ultimately a rece  ( 32 min )
    Stock Market Losses Deepen At Midday As Nasdaq Tumbles 2.3%; These Stocks Are Damaged
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    US STOCKS-Wall St falls after Fitch downgrades top-tier US rating
    Wall Street fell on Wednesday after rating agency Fitch's move to downgrade the U.S. government's credit rating hit appetite for risky assets around the world. Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years as well as growing government debt, the second major agency to cut the country's rating after Standard & Poor's in 2011 stripped it of its triple-A grade. Several major brokerages, however, said the downgrade was unlikely to result in a sustained drag on U.S. financial markets, noting that the economy was stronger than in 2011.  ( 32 min )
    America’s Fiscal Time Bomb Ticks Even Louder
    Investors are drawing false comfort from the past and from the perception that fiscal scolds in the U.S. have cried wolf so often.  ( 27 min )
    AMD Falls After Earnings, Sparks Selloff in Nvidia and Other Chip Stocks
    Semiconductor stocks have been one of this year’s hottest trades. But lately, chipmakers have been leaving investors cold. Advanced Micro Devices reported second-quarter sales and earnings that topped Wall Street estimates on Tuesday afternoon. But investors were evidently looking for more: AMD sha  ( 22 min )
    2 Remaining AAA-Rated Companies Shine As U.S. Gets Downgraded
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    Charlie Munger Asks, 'Do You Want To Be More Like Me Or More Like Them?' — Why He Believes Diversification Is An 'Impossible And Agonizing Task' Any Idiot Can Do
    Renowned investor and Berkshire Hathaway Inc. Vice Chairman Charlie Munger is no stranger to controversial statements when it comes to investment philosophy. One of his most contentious views is on diversification, which he famously refers to as "deworsification." According to Munger, the traditional approach to diversifying investments may not be the wisest strategy. During the 2019 Daily Journal Annual Meeting, Munger responded to a question about diversification with a memorable analogy. "Div  ( 33 min )
    Ask an Advisor: I'm 73 and My 401(k) ‘Hasn't Been Doing Well.' Should I Withdraw My Money and Invest in CDs?
    I'm 73 and my 401(k) hasn't been doing well for the last few years. Would it be a good idea for me to withdraw my money from my 401(k) and pay the tax that I will have to pay eventually anyway, and then invest the rest of my money in CDs? -Archie Your desire for […] The post Ask an Advisor: I'm 73 and My 401(k) ‘Hasn't Been Doing Well.’ Should I Withdraw My Money and Invest in CDs? appeared first on SmartReads by SmartAsset.  ( 33 min )
    SolarEdge Stock Tumbles After Weak Guidance. Why Analysts Are Still Upbeat.
    Disappointing guidance from SolarEdge follows a similar announcement from Enphase Energy last month.  ( 47 min )
    Oil tumbles after 5-week rally; Saudi deception suggested amid U.S. stockpile drop
    Crude prices fell more than 2% Wednesday as those long the market took meaningful profit the first time since a five-week rally in oil began. The slump, interestingly, came on a day when the Energy Information Administration reported an epic drop in weekly U.S. crude stockpiles, after weeks of citing paltry inventories despite OPEC leader Saudi Arabia claiming to be cutting an additional million barrels per day from its production since the start of July that would take 2.5 million daily off its output. More interesting than the EIA report was a story suggesting the Saudis might be playing a deception game with their production cuts by “quietly selling” additional oil to the so-called PNZ, or Partitioned Neutral Zone, region it shared with Kuwait that escapes the radar of the broader market.  ( 32 min )
    ‘Too Cheap to Ignore’: J.P. Morgan Says These 2 Stocks Under $10 Could Double Your Money
    Are markets headed for new record highs? That may seem counter-intuitive, but according to J.P. Morgan’s head of US market intelligence, Andrew Tyler, the tea leaves are indicating just such new heights for the S&P 500. Tyler notes that, even in today’s uncertain conditions, the S&P index is within 5% of its all-time high – and with inflation slowing down, the Fed is likely to pare back on further rate hikes, a move that will support growth and a shift toward stocks. Recent earnings reports are  ( 34 min )
    30-Year Mortgage Rates Rise to Three-Week High
    Mortgage rates moved strongly upward for virtually every loan type Tuesday, with the 30-year and 15-year averages reaching three-week highs. Refi rates also jumped.  ( 21 min )
    Missed Out On PLTR Stock? Here's How To Still Get A Great Return
    No content preview
    Yellow Stock Slides, Pausing Massive Runup
    Shares of troubled trucking company Yellow slid 15% in early trading Wednesday morning. The morning move extends a stretch of volatile trading that has followed the company's decision to shut down operations ahead of [an expected bankruptcy filing](https://www.wsj.com/articles/the-fall-of-a-truckin  ( 21 min )
    Stocks slide after Fitch downgrades US debt: Stock market news today
    Stocks were set up to slide Wednesday after the Fitch agency downgraded US credit.  ( 29 min )
    EUR/USD Forecast – Euro Continues to Grind Away
    During Wednesday’s trading session, the euro experienced a slight decline, hovering just above the 50-Day Exponential Moving Average.  ( 32 min )
    AMD Doubles Down on Its AI Future. How Analysts See It Measuring Up to Nvidia.
    AMD stock is now set to be driven by its success in AI chips. But analysts are split on how much market share it can take from Nvidia.  ( 26 min )
    Ask an Advisor: ‘Should I Be Moving Stocks to Bonds?' I'm 65 and Have 82% of My 401(k) in Equities
    In my 401(k) retirement plan, I’m 82% stocks. I’m 65 and still working. Should I be moving my stocks to bonds? -Bob While it's not a satisfying answer, the real answer is that "it depends." The decision of whether to shift your 401(k) to a more conservative asset allocation will depend primarily on your longer-term […] The post Ask an Advisor: ‘Should I Be Moving Stocks to Bonds?’ I’m 65 and Have 82% of My 401(k) in Equities appeared first on SmartReads by SmartAsset.  ( 33 min )
    Tupperware Stock Has Risen 700% in 2 Weeks. It Could Come Crashing Down After Earnings.
    Tupperware is the latest meme stock, and retail traders have pushed it higher in recent weeks despite concerns over the future of the business.  ( 26 min )
    How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
    Americans, on average, believe they'll need $1.8 million for retirement. Is that realistic, and how would they get there?  ( 32 min )
    Tupperware Stock's Wild Ride Set to Continue
    Tupperware shares are sliding 13% ahead of the opening bell, chipping away at some of the stock's big gains this week. Investors have been following [the meme playbook](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-08-01-2023/card/tupperware-stock-skyrockets-24-ahead-of-the-opening-  ( 22 min )
    Teva Takes A Run At Its 200-Day Line After Second-Quarter Beat And Raise
    No content preview
    How much money do you need to retire? Americans have a magic number.
    People say they need more money than ever to retire comfortably, but most employees are far from reaching their financial goal.  ( 30 min )
    Dow Jones Futures Fall On U.S. Debt Downgrade; Key Jobs Data Strong; AMD Rallies On Earnings
    No content preview
    Tyre maker Goodyear India's Q1 profit rises as low rubber prices offsets weak demand
    Tyre manufacturer Goodyear India reported a higher quarterly profit as a drop in raw material prices helped make up for its first revenue fall in 12 quarters on low demand. The Indian unit of U.S.-based Goodyear Tire and Rubber Co said standalone profit rose 4% to 392.6 million rupees ($4.8 million) in the first quarter. While revenue from operations fell about 12% to 7.2 billion rupees, that was more than offset by a roughly 13% drop in expenses due to lower raw material prices.  ( 31 min )
    Germany's 1&1 switches to Vodafone for 5G network deal
    LONDON (Reuters) -German mobile and broadband provider 1&1 said it had agreed a deal for Vodafone to provide 5G coverage to its customers, ousting current network partner Telefonica Deutschland by October 2024 at the latest. 1&1, which is majority owned by United Internet AG, said Vodafone would provide mobile coverage in areas not covered by its new 1&1 network, including 5G, 2G and 4G, under a deal that would be concluded as soon as possible.  ( 31 min )
    When To Sell Stocks: This Simple Strategy Could Be Best Sell Rule For Growth Stocks
    No content preview
    What Analysts Say About US Credit Downgrade by Fitch
    (Bloomberg) -- Investors will continue to scoop up Treasuries despite Fitch Ratings’ move to cut the US’ credit rating although the downgrade may spur some short-term volatility, according to analysts.Most Read from BloombergUS Stripped of AAA Rating by Fitch as Budget Deficits SwellPoland Sends Troops to Belarus Border After Airspace BreachMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceUS, Europe Growing Alarmed by China’s Rush Into Legacy ChipsTrump Indicted on Federal Charges  ( 33 min )
    CVS Health turns in better-than-expected 2Q even as pharmacy pricing, increased care use hurt
    CVS Health topped second-quarter expectations, but the health care giant's profit sank as pricing pressure hurt its drugstore business and rising medical costs hit the health insurance side. The drugstore chain, pharmacy benefit manager and insurer said Wednesday that it posted adjusted earnings of $2.21 per share in the quarter that ended June 30. Woonsocket, Rhode Island-based CVS Health Corp. operates one of the nation’s largest drugstore chains with nearly 10,000 retail locations.  ( 30 min )
    Generac Stock Powers Down After Earnings. Consumer Demand Is Softening.
    Shares of the back-up power provider tumble after the company warns of a sharper sales decline in the second half of the year.  ( 26 min )
    Enterprise misses analyst expectations, makes operational records in Q2
    Low margins industry-wide saw Enterprise Products Partners missing analyst expectations for Q2, but the company still reached six operational records  ( 12 min )
    The S&P 500 Fell 7% After the Last U.S. Credit Downgrade. What Happens Next After Fitch.
    Fitch downgraded the U.S. credit rating in a shock move that has sent stocks lower. But there is reason to believe it won't be as bad as the last downgrade.  ( 27 min )
    CVS Health beats profit estimates, starts restructuring to cut costs
    CVS Health Corp beat Wall Street estimates for quarterly profit on Wednesday, boosted by strength in its pharmacy benefit management unit and lower-than-expected medical costs in its health insurance business. Excluding items, the company reported a profit of $2.21 per share, above analysts' average estimate of $2.11 per share, according to Refinitiv data.  ( 30 min )
    Wall St futures tumble after Fitch downgrades top-tier US rating
    Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years as well as a growing general government debt burden, making it the second major rating agency after Standard & Poor's move in 2011 to strip the country of its triple-A rating. "When the debt of the world's largest economy is seen as lower quality, it will naturally trouble investors and make them rethink their portfolios," said Laith Khalaf, head of investment analysis at AJ Bell. Megacap stocks including Tesla, Nvidia, Meta Platforms and Microsoft fell between 1.2% and 2.7% in premarket trading, dragging the Nasdaq 100 futures down by 1.1%.  ( 31 min )
    These Stocks Are Moving the Most Today: AMD, Starbucks, EA, SolarEdge, Match, CVS, and More
    AMD's fiscal third-quarter revenue guidance slightly misses estimates, quarterly sales at Starbucks come up short, and EA's guidance disappoints. CVS Health, Qualcomm, Shopify, and PayPal are among the companies reporting earnings Wednesday.  ( 27 min )
    AMD Doubles Down on Its AI Future. How Analysts See It Measuring Up to Nvidia.
    AMD stock is now set to be driven by its success in AI chips but analysts are split on how much market share it can take from Nvidia.  ( 26 min )
    US IRS to allow full digital document submissions for 2024 tax season
    The U.S. Internal Revenue Service plans to allow taxpayers to submit all documents and correspondence to the agency digitally for the 2024 tax filing season and will convert all paper tax returns to digital documents by the 2025 season, the Treasury Department said on Wednesday. The initiative, part of a decade-long, $60 billion program to modernize systems and improve tax enforcement, will allow taxpayers to digitally submit all correspondence, non-tax forms and responses to IRS notices, the Treasury said.  ( 30 min )
    GE Has Made an Amazing Comeback. Its CEO Wants a Real Dividend Again.
    The industrial titan slashed its payout in 2018. A separation of the aviation and power divisions could mean a bigger one.  ( 26 min )
    Stock market today: Asian shares slip, echoing Wall Street's retreat from its rally
    Asian shares dipped Wednesday after Wall Street took a step back from its big rally as markets tried to digest a slew of earnings. Hong Kong's Hang Seng dipped 2.1% to 19,590.86, while the Shanghai Composite lost 0.9% to 3,259.93. Investor optimism was hurt by Fitch Ratings downgrading the United States government’s credit rating, citing rising debt at the federal, state, and local levels.  ( 33 min )
    Qualcomm Reports Earnings. What Wall Street Expects.
    Maker of mobile processors and 5G wireless chipsets Qualcomm may provide a muted forecast when it reports fiscal-third-quarter earnings after the market close.  ( 26 min )
    Tech Drags Stocks Down as Fitch Sours Sentiment: Markets Wrap
    (Bloomberg) -- Asia stocks fell as Fitch Ratings’ downgrade of the US sovereign rating sapped risk sentiment following a strong recent run, while further support measures from China failed to reverse the mood. Most Read from BloombergUS Stripped of AAA Rating by Fitch as Budget Deficits SwellUS, Europe Growing Alarmed by China’s Rush Into Legacy ChipsPoland Sends Troops to Belarus Border After Airspace BreachTrump Indicted on Federal Charges in 2020 Election ProbeMissing Goldman Sachs Analyst Co  ( 33 min )
    World’s Shrinking AAA Debt Options Include Singapore, Norway
    (Bloomberg) -- The fallout from Fitch Ratings’ downgrade of the US puts the focus on the countries still holding onto the coveted top credit grade.Most Read from BloombergUS Stripped of AAA Rating by Fitch as Budget Deficits SwellPoland Sends Troops to Belarus Border After Airspace BreachUS, Europe Growing Alarmed by China’s Rush Into Legacy ChipsMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceTrump Indicted on Federal Charges in 2020 Election ProbeEconomies with the highest credi  ( 30 min )
    Summers, El-Erian Pile Criticism on Fitch Downgrade Decision
    (Bloomberg) -- Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision to downgrade the US given signs of resilience for the world’s largest economy.Most Read from BloombergUS Stripped of AAA Rating by Fitch as Budget Deficits SwellUS, Europe Growing Alarmed by China’s Rush Into Legacy ChipsPoland Sends Troops to Belarus Border After Airspace BreachTrump Indicted on Federal Charges in 2020 Election ProbeMissing Goldman Sachs A  ( 31 min )
    Gold gets safety boost as Fitch's US downgrade shakes markets
    Gold climbed on Wednesday as the U.S. dollar, Treasury yields and Asian stocks stumbled after Fitch downgraded the United States' coveted triple-A credit rating, souring confidence in the economy and shoring up interest in safe-haven bullion. Spot gold was up 0.2% at $1,946.97 per ounce by 0312 GMT, while U.S. gold futures rose 0.3% to $1,984. Fitch after the Wall Street close on Tuesday downgraded the U.S. government's credit rating from AAA to AA+, citing fiscal deterioration over the next three years and growing general government debt burden.  ( 31 min )
    Stocks fall, Treasuries gain after Fitch downgrades US rating
    Asian stocks traded lower while U.S. Treasury yields declined on Wednesday, after ratings agency Fitch unexpectedly downgraded the United States' top-tier sovereign credit rating. MSCI's broadest index of Asia-Pacific shares fell 0.5%. Asian stocks were also weighed by declines on Wall Street overnight.  ( 31 min )
    Why Trucking Giant Yellow’s Shutdown Could Cost Taxpayers Money
    Whether the federal government recovers the money it lent Yellow at the height of the pandemic would likely depend on how much Yellow raises by selling assets.  ( 26 min )
    Oil prices rise more than 1% after sharp drop in US crude stocks
    Oil prices rose more than 1% on Wednesday, trading near their highest since April, after industry data showed a much steeper-than-expected draw last week in crude oil inventories in the U.S., the world's biggest fuel consumer. Brent crude futures for October rose 92 cents, or 1.1%, to $85.83 a barrel by 0001 GMT, while U.S. West Texas Intermediate crude climbed 84 cents, or 1.03%, to $82.21 a barrel. U.S. oil inventories fell by 15.4 million barrels in the week ended July 28, according to market sources citing American Petroleum Institute figures, compared with analysts' estimates for a drop of 1.37 million barrels.  ( 31 min )
    US Treasury yields edge lower after Fitch downgrade
    U.S. Treasury yields edged down in Tokyo on Wednesday after ratings agency Fitch lowered the country's top credit rating. Fitch overnight downgraded the U.S. government's rating to AA+ from AAA, citing an expected fiscal deterioration over the next three years as well as a high and growing general government debt burden. "This will likely spark risk aversion flows as Asian markets re-open," Tony Sycamore, a markets analyst at IG, wrote in a note to clients.  ( 30 min )
    AMD Gains After Chipmaker Tops Estimates, Makes AI Inroads
    (Bloomberg) -- Advanced Micro Devices Inc., the second-largest maker of personal computer processors, gained in late trading after the company topped second-quarter estimates and said it was making further inroads in artificial intelligence computing. Most Read from BloombergUS, Europe Growing Alarmed by China’s Rush Into Legacy ChipsCharles Koch-Tied Group Seeks to Block Trump From GOP NominationStocks ‘Bend, Don’t Break’ After Almost 30% Rally: Markets WrapAsia’s Richest Families Fuel Race for  ( 32 min )
  • Open

    S&P 500 Gains and Losses Today: Weak Guidance from AMD Weighs on Chip Stocks
    The S&P 500 index finished 1.4% lower on August 2, 2023, after chipmaker AMD issued weaker-than-expected third-quarter guidance, which weighed on the sector.  ( 1 min )
    Dow Jones Today: Index Dives on Rating Cut
    Investors reacted to the Fitch Rating agency’s downgrade of U.S. credit, sending long-term bonds higher and the Dow Jones lower by about 1%, or 350 points.  ( 1 min )
    Markets Tumble at Midday After Fitch Cuts US Credit Rating
    U.S. equities plunged at midday on Wednesday, Aug. 2, 2023 after Fitch reduced the U.S. credit rating.  ( 1 min )
    5 Things to Know Before Markets Open
    Fitch downgrades the U.S. credit rating over recent debt-ceiling standoffs and AMD shares rise after its earnings report highlights its AI products. Here’s what investors need to know today.  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Weak Guidance from AMD Weighs on Chip Stocks
    The S&P 500 index finished 1.4% lower on August 2, 2023, after chipmaker AMD issued weaker-than-expected third-quarter guidance, which weighed on the sector.  ( 17 min )
    How to Ask for a Raise as a Woman
    Women face barriers to getting a raise. Here's how to strategically negotiate your salary and increase your earning potential.  ( 23 min )
    Workers Still Prioritize 401(K) Saving Amid Economic Anxiety, Says Schwab Study
    Half of workers think they might reach their retirement goals.  ( 17 min )
    Top CDs Today: Another CD Offers Benchmark Rate
    See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 18 min )
    Humana Profit Beats Forecasts as its Medical Costs Were Less Than Expected
    Humana said it paid out fewer-than-expected claims for non-urgent surgery, and that helped the health insurer record better-than-expected second quarter profit.  ( 18 min )
    SolarEdge Warns About US Solar Sales, and Shares Sink
    SolarEdge Technologies shares cratered after the solar power company warned its business is being hurt by high borrowing costs, and gave current quarter guidance that missed estimates.  ( 16 min )
    Asset Managers Line Up To File for Ethereum Futures ETFs
    Six asset managers have filed with the SEC for Ethereum futures ETFs, which could launch as early as October.  ( 17 min )
    Devaluation: What It Is and How It Works
    Devaluation is the deliberate downward adjustment to the value of a country's currency relative to another currency or standard.  ( 23 min )
    The IRS Has Declared War on Paperwork
    Next tax season will involve a lot less paper, both for taxpayers and for the IRS, which has launched an effort to rid itself of the hundreds of millions of pieces of forms and correspondence it receives every year.  ( 17 min )
    Can You Buy a CD with Foreign Currency?
    You can buy a CD in a foreign country, but it's risky. Find out more about how it works and the pros and cons.  ( 23 min )
    9 Checking Accounts That the Ultrarich Use
    These accounts—created specifically for the wealthy—come with special perquisites such as personal bankers, waived fees, and the option of placing trades.  ( 23 min )
    What Is Quantity Supplied? Example, Supply Curve Factors, and Use
    The quantity supplied is a term used in economics to describe the number of goods or services that are supplied at a given market price.  ( 23 min )
    Generac Warns of Softer Consumer Demand, and Shares Plummet
    Generac Holdings was the worst-performing stock in the S&P 500 after the maker of home generators and other alt power equipment warned of a slump in residential sales because of falling demand.  ( 16 min )
    Dow Jones Today: Index Dives on Rating Cut
    Investors reacted to the Fitch Rating agency’s downgrade of U.S. credit, sending long-term bonds higher and the Dow Jones lower by about 1%, or 350 points.  ( 17 min )
    Federal Subsidies for Renewable Energy More Than Doubled Since 2016
    Federal support for renewable energy projects more than doubled from 2016 to 2022, according to a recent report from the U.S. Energy Information Administration (EIA).  ( 17 min )
    Who Is Rohit Chopra? What Is His Role at the CFPB?
    Rohit Chopra is the director of the Consumer Financial Protection Bureau (CFPB). He previously served as commissioner of the Federal Trade Commission (FTC).  ( 22 min )
    10 Most Famous Leveraged Buyouts
    Learn about 10 of the boldest leveraged buyouts in history. See how they became famous for either making, or losing, billions.  ( 25 min )
    Combined Single Limits: Definition, Example, Benefits, vs. Split
    Combined single limits is an insurance policy provision where coverage for all components of a claim (bodily injury and property damage) is handled by a single amount.  ( 21 min )
    How Monetary Policy Affects Investments
    Monetary policy impacts every asset class, and investors commonly structure their portfolios to benefit from and absorb economic policy changes.  ( 21 min )
    Uses for Your Money Before Student Loan Payments Resume
    The White House and Supreme Court have taken opposing positions on student loan forbearance. Learn what's in store for student borrowers with the SAVE plan.  ( 24 min )
    Jobs Are Back After The Pandemic, But Working? Not So Much
    In the aftermath of the COVID-19 pandemic, hiring is still booming, unemployment is near historic lows, yet Americans as a whole are still working fewer hours than they did in 2019.  ( 18 min )
    Yum! Brands Posts Record Digital Sales, Nearly Doubles EPS
    Yum! Brands reported a record $7 billion in digital sales during the second quarter of 2023 as worldwide sales and same-store sales increased.  ( 18 min )
    The Carlyle Group Reports Quarterly Loss Amid Dealmaking Slump
    Trading losses and a decline in dealmaking led to an earnings slump at private equity (PE) firm Carlyle Group in the second quarter, although the loss was smaller than expected.  ( 17 min )
    What Are the Indicators for China's Stock Market?
    Learn the most commonly followed market and economic indicators used by market analysts to track the Chinese stock market and China's economy.  ( 27 min )
    Best Online Brokers and Trading Platforms of 2023
    Here are the best online brokerage accounts and trading platforms with low costs and fees plus the best trading experience, mobile apps, and more.  ( 34 min )
    Discover Savings Account Interest Rates: August 2023
    Discover’s savings account doesn’t usually have the highest APY, but it’s easily accessible with no minimum deposit or monthly fee.  ( 20 min )
    Fitch Catches Flak For Oddly-Timed U.S. Credit Downgrade
    The Fitch agency’s downgrade of the U.S. government’s credit rating is being met with pushback from officials and well known economists, while others said it highlighted the need for the government to reduce spending deficits.  ( 19 min )
    New Signed Contracts, Listings Drop in New York, Southern California
    The desirable markets aren't immune to high mortgage rates and low inventory, which are dampening the housing market nationwide.  ( 19 min )
    DuPont Beats Q2 Estimates, Forecasts Higher Full-Year Sales
    Chemicals giant DuPont De Nemours posted a smaller-than-expected loss in the second quarter while raising its full-year sales forecast, but projected lower earnings for the year.  ( 17 min )
    PNC Savings Account Interest Rates: August 2023
    See a full overview of PNC savings account interest rates. Compare PNC Bank to top competitors and find the right savings account for your financial needs.  ( 21 min )
    Who Can Be a Transfer on Death (TOD) Beneficiary?
    You can name almost anyone as a transfer on death (TOD) beneficiary. Learn more about the process and benefits for naming a TOD beneficiary.  ( 22 min )
    Account Freeze: Definition, Purposes, Time Length
    An account freeze includes actions taken by a bank, brokerage or government to prevent transactions in an account.  ( 22 min )
    Kraft Heinz Q2 Earnings Hurt by Inflationary Pricing
    Kraft Heinz's Q2 earnings reflected sales affected by a reduction in demand from cost-conscious consumers. Shares slipped early Wednesday but recovered.  ( 17 min )
    Cost-Cutting Moves Help CVS Post Better-Than-Expected Results
    Shares of CVS Health Corporation advanced as cost cutting helped the pharmacy chain and healthcare company post better-than-expected results.  ( 16 min )
    Markets Tumble at Midday After Fitch Cuts US Credit Rating
    U.S. equities plunged at midday on Wednesday, Aug. 2, 2023 after Fitch reduced the U.S. credit rating.  ( 16 min )
    Starbucks' China Sales Soar, but Revenue and Same-Store Sales Miss Forecasts
    Starbucks sales soared in China as COVID-19 restrictions there eased, but overall revenue and comparable store sales were less than expected.  ( 16 min )
    BlackRock, MSCI Under Fire From U.S. Officials For China Investments
    The House Committee on China has launched an investigation into BlackRock and MSCI for investing into blacklisted Chinese companies.  ( 17 min )
    What Is Artificial General Intelligence (AGI)?
    Researchers working on artificial general intelligence (AGI) aim to eventually produce a form of AI with human-level intelligence. AGI would ideally be able to learn, self-teach, and perform generalized tasks without human supervision or intervention.  ( 25 min )
    What Does the Forward P/E Indicate About a Company?
    Explore the forward price-to-earnings ratio, and learn its significance and how it compares to the traditional price-to-earnings ratio.  ( 20 min )
    Joe Biden's Economic Plan Explained
    Learn about President Biden's proposals on healthcare, taxes, student debt, workers' rights, industry, infrastructure, and climate change.  ( 29 min )
    How Can I Obtain a Telex Release for a Bill of Lading?
    A telex release is a convenient option for shippers who do not need original documents for their accounting or legal records.  ( 21 min )
    What Is a Bank Statement: Definition, Benefits, and Requirements
    A bank statement is a record, typically sent to the account holder every month, summarizing all transactions in an account during a set time period.  ( 22 min )
    Foreign Portfolio vs. Foreign Direct Investment: What's the Difference?
    Is it better to make foreign direct investments or foreign portfolio investments? What is the difference and who does each one appeal to?  ( 19 min )
    30-Year Mortgage Rates Rise to Three-Week High
    Mortgage rates moved strongly upward for virtually every loan type Tuesday, with the 30-year and 15-year averages reaching three-week highs. Refi rates also jumped.  ( 20 min )
    AMD Says It Sees Opportunity for AI Chips Developed to Pass US Export Controls
    Similar to rivals Intel and Nvidia, AMD could develop AI chips that it will be allowed to export to China despite U.S. controls.  ( 17 min )
    What Is an External Transfer? How It Works, Basics, and Types
    An external transfer is a way to move money between accounts that are in different financial institutions. Learn how external transfers work.  ( 23 min )
    5 Things to Know Before Markets Open
    Fitch downgrades the U.S. credit rating over recent debt-ceiling standoffs and AMD shares rise after its earnings report highlights its AI products. Here’s what investors need to know today.  ( 18 min )
    The 10 Richest People in the World
    Learn who the top 10 billionaires in the world are and how they built their wealth.  ( 33 min )
    What Commodities Are the Main Inputs for the Electronics Sector?
    A variety of metals, plastics, raw materials and chemicals are used by the electronics industry including copper, lithium, silver, gold and many others.  ( 19 min )
    Understanding Financial Capital vs. Economic Capital
    Financial capital commonly refers to the assets needed so a company can provide goods or services, measured in cash value. Economic capital is the money to cover possible losses from unexpected risks.  ( 19 min )
    Structured Note: What It Is, How It Works, Common Types
    A structured note is a debt obligation that also contains an embedded derivative component that adjusts the security's risk-return profile.  ( 22 min )
  • Open

    Kwaliteit van leven hangt niet samen met de rijkdom van de regio
    Inwoners van Friesland bewijzen dat geld niet per se gelukkig maakt. Zij zijn bovengemiddeld tevreden over hun leven, terwijl de Randstad en Noord-Brabant beduidend rijker zijn.  ( 5 min )
    Spouwmuren moeten voor isolatie beter worden onderzocht op vleermuizen
    Isolatiebedrijven en woningeigenaren moeten voor ze spouwmuren isoleren goed onderzoeken of daar vleermuizen in zitten. Met een camera in de ruimte tussen de muren kijken is niet voldoende.  ( 5 min )
    Ferrari scoort goed met verkoop van prijzig cross-overmodel
    Ferrari beleeft dit jaar gouden tijden met sterke verkopen in Europa, de Verenigde Staten en China. De sportwagenfabrikant zag de nettowinst met een derde stijgen tot 334 miljoen euro. Prijsverhogingen maken klanten schijnbaar niet minder enthousiast.  ( 3 min )
    Pensioenfondsen staan er beter voor door winsten op de beurs
    Pensioenfondsen profiteren van de stijgende rente en koerswinsten op de aandelenbeurs. Daardoor zijn de dekkingsgraden in juli opgelopen tot gemiddeld 122 procent. Dat betekent dat de fondsen gemiddeld voor elke 100 euro pensioenuitkering 122 euro in kas hebben.  ( 3 min )
    Griekse overheid biedt gedupeerde toeristen op Rhodos gratis vakantie aan
    De Griekse overheid biedt vakantiegangers een week gratis vakantie op Rhodos aan. Het aanbod geldt voor toeristen die in juli hun vakantie moesten afbreken vanwege hevige bosbranden.  ( 3 min )
    NU+ | Aarde kan ons niet meer bijbenen: grondstoffen voor dit jaar eigenlijk al op
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    Griekse president biedt gedupeerde toeristen op Rhodos gratis vakantie aan
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    Prijzen van tarwe en mais omhoog na Russische droneaanval
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    Mensen die betalen voor X (Twitter) kunnen hun blauwe vinkje voortaan verbergen
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    VS is volgens kredietbeoordelaar Fitch minder betrouwbaar voor beleggers
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    Werknemers zijn machtiger dan ooit op de arbeidsmarkt
    Werknemers profiteren steeds meer van de krapte op de arbeidsmarkt. Het is niet voor niets dat het verloop bij veel bedrijven op een hoog niveau ligt. We wisselen vaker van baan en zijn niet meer bang om een hoger loon of een andere functie te eisen.  ( 5 min )
    Strandpaviljoens houden vast aan Duitse toerist tijdens koude dagen
    De regenachtige weken in juli zorgen voor lege terrassen bij strandtenten. Maar weer of geen weer, de Duitse toerist blijft een trouwe klant.  ( 5 min )
  • Open

    BlackRock, MSCI Under Fire From U.S. Officials For China Investments
    The House Committee on China has launched an investigation into BlackRock and MSCI for investing into blacklisted Chinese companies.  ( 1 min )

  • Open

    Bitcoin Whale Michael Saylor Might Buy a Lot More BTC
    BTC's price rose following the announcement.  ( 30 min )
    Dow Jones Futures Fall On U.S. Debt Downgrade; AMD, ELF Lead 5 Earnings Movers Late
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    UAW seeks double-digit pay hikes in Detroit Three auto contract talks
    United Auto Workers President Shawn Fain said on Tuesday the union is seeking economic benefits in contract talks with the Detroit Three automakers, including double-digit pay raises and defined benefit pensions for all workers. The UAW presented its economic demands to Chrysler-parent Stellantis on Tuesday and will make presentations to General Motors Wednesday and Ford Thursday ahead of the Sept. expiration of the current four-year contracts, Fain said.  ( 29 min )
    ‘Load Up,’ Says Raymond James About These 2 ‘Strong Buy’ Stocks
    As summer travel remains solid and consumer spending appears robust, plenty of analysts now believe a recession will not materialize. However, that is not the view of Raymond James’ CIO, Larry Adam. Adam is of the mind that a recession is all but inevitable and will kick off by this year’s fourth quarter. That said, the good news is that it will be a mild recession, one where the U.S. economy will shrink in a far less acute manner than during other recessions (0.6% vs. the average 2.5%), won’t l  ( 34 min )
    Lumen Technologies shares slide after posting loss of nearly $9 billion
    Shares of the Monroe, Louisiana-based company, which has lost more than 61% of their value this year, dropped more than 8% in trading after the bell. The company, whose second-quarter loss was more than four times its $2 billion market capitalization, recorded a steep fall from a profit of $344 million a year ago. Lumen said it recorded a non-cash impairment charge of $8.8 billion in the quarter, triggered by a sustained decline in their share price and variance in the market valuation in the April-June period.  ( 31 min )
    Top CDs Today: Rates Holding at Record Levels
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    Bud Light Boycotts Helped Molson Coors Stock—Until Now
    The company topped estimates but that wasn't enough for fickle investors.  ( 26 min )
    Elf Beauty Stock Soars On 182% Earnings Leap, Guidance Hike
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    Warren Buffett's Favorite Energy Stock Is Set To Report. Analysts Predict A Big Earnings Drop.
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    The Best-Performing REITs In July
    Whoever coined the phrase, "Sell in May and go away" surely wasn't referring to the 2023 stock market. Both June and July were excellent months for the major indices, and while real estate investment trusts (REITs) underperformed the general indices, most still managed to finish on the positive side in July. July was an outstanding month for office REITs as three of the top four performers emerged from that sector. Short sellers who were predicting office stocks' demise were forced to run for co  ( 32 min )
    Chipmaker AMD Cites AI Growth As It Beats Second-Quarter Targets
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    Exact Sciences, A Cathie Wood Darling, Just Reported A Sixth Big Sales Quarter
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    Shale producers Pioneer Natural, Devon post sharp drop in second-quarter profits
    Profits for oil and gas companies have dropped from last year's bumper levels after crude prices eased from multi-year highs when Russia's invasion of Ukraine upended markets. Shares of Devon fell 2.4% to $52.41 in extended trade. Pioneer posted a 53.5% drop in second-quarter profit, while Devon's income declined 64.3%.  ( 31 min )
    AMD forecasts strong fourth quarter, AI chip launch
    Advanced Micro Devices forecast third-quarter revenue below market expectations on Tuesday, hit by a slowdown in cloud computing spending. The company forecast current-quarter revenue of about $5.7 billion, plus or minus $300 million. Analysts polled by Refinitiv expect revenue of $5.82 billion.  ( 30 min )
    Meme-Darling Nikola Surges as Retail Investors Pile In
    (Bloomberg) -- A gravity-defying rally in electric vehicle startup Nikola Corp. is showing no signs of stopping, as the company’s latest efforts to conserve cash and secure funds reignites a fervor for the stock. Most Read from BloombergUS Credit Rating Downgraded From AAA by Fitch US, Europe Growing Alarmed by China’s Rush Into Legacy ChipsTrump Indicted on Federal Charges in 2020 Election ProbeStocks ‘Bend, Don’t Break’ After Almost 30% Rally: Markets WrapCharles Koch-Tied Group Seeks to Block  ( 32 min )
    Electronic Arts forecasts weak bookings as competition, lower spending weigh
    Videogame publisher Electronic Arts missed booking estimates for its first quarter on Tuesday, hurt by competition from other franchise-based games and muted spending by gamers. The company posted net bookings of $1.58 billion in the quarter ended June 30, compared with Refinitiv estimates of $1.59 billion.  ( 30 min )
    Starbucks misses Q3 comparable same-store sales estimates, China sees 46% sales growth
    Starbucks posted fiscal third-quarter results on Tuesday after market close.  ( 31 min )
    Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow
    Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. IPhone sales likely fell more than 2% in the period, according to 24 analysts polled by Visible Alpha, compared with a near 3% increase a year earlier and a 1.5% rise in the quarter ended March. The quarterly report could mark a break from an upbeat earnings season for the likes of Meta Platforms, Alphabet and Microsoft that have shown resilience in their cloud businesses and an uptick in digital ad sales.  ( 32 min )
    Apple Earnings Are Soon, and Analysts See the Stock Going Higher and Higher
    For the fiscal third quarter, analysts expect Apple to report sales of $81.9 billion, down about 1% from the year-earlier quarter.  ( 26 min )
    Pfizer reports mixed quarterly results on uncertain COVID outlook
    Pfizer reports mixed second quarter earnings as uncertainty around COVID remains a headwind.  ( 33 min )
    Yellow Stock Soars. It Isn’t Because of Good News.
    Yellow stock was surging Tuesday, even after the company ceased operations. Yellow (ticker: YELL) is one of the country's largest and oldest trucking firms. The company notified the Teamsters Union on [Monday](https://teamster.org/2023/07/teamsters-notified-that-yellow-corp-operating-companies-have  ( 10 min )
    Tupperware Stock Has Risen 700% in 2 Weeks. It Could Come Crashing Down After Earnings.
    Tupperware is the latest meme stock, and retail traders have pushed it higher in recent weeks despite concerns over the future of the business.  ( 27 min )
    Morrisville pharma inks deal worth close to $650 million
    A drug company with operations in Morrisville has signed a major licensing deal for its newly approved treatment for multiple sclerosis.  ( 10 min )
    Crypto stocks sag after US judge gives new boost to SEC
    US judge Jed Rakoff said cryptocurrencies can be securities when sold to the general public, adding more murkiness to how the industry will be regulated.  ( 32 min )
    Rooftop Solar Is in a Slump. This CEO Sees 2 Ways Out.
    To start, Enphase Energy is working to expand faster in Europe, where its sales are still growing fast.  ( 27 min )
    Cruise Stocks Drop as Norwegian Falls
    Cruise stocks fell Tuesday, with Norwegian Cruise Line plummeting, after the company set a third-quarter profit outlook that was narrower than Wall Street expected. Norwegian's shares were recently down more than 13%, on pace to break a four-day winning streak and one of the S&P 500's worst perfo  ( 22 min )
    Apollo leads deal for trucking firm Yellow's bankruptcy loan - Bloomberg News
    Creditors led by Apollo Global Management Inc are nearing a deal to provide Yellow Corp with fresh cash during a coming bankruptcy, Bloomberg News reported, citing people with the matter. Yellow, formerly called YRC Worldwide, is the third-biggest U.S. trucking company's that focuses on "less-than-truckload" shipping and transports goods from multiple shippers in single trailers. Apollo and Yellow did not immediately respond to Reuters' request for a comment.  ( 30 min )
    Analyst Report: AGNC Investment Corp
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    Analyst Report: Valero Energy Corp.
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    Sales Of TG Therapeutics' New Product Doubled — Here's Why Shares Halved
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    Market Update: GPN, VLO, DLR, AGNC, CC
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    Pfizer 2Q numbers tumble and COVID-19 vaccine, treatment sales dry up
    Crumbling COVID-19 vaccine and treatment sales chopped Pfizer’s second-quarter earnings, but both the drugmaker and Wall Street expect a rebound in the back half of 2023. Pfizer recorded no U.S. sales of its treatment, Paxlovid, in the recently completed quarter, as the company shifts to selling the pills on the commercial market after contracting with the government. Sales of the vaccine Comirnaty also slid 83% to $1.49 billion in the quarter, as both products fell short of Wall Street expectations.  ( 31 min )
    Dow Falls After Economic Data; Cathie Wood Sells Robinhood Stock As Chip Leader Awaits Earnings With 80% Gain
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    SoFi Earnings Sent the Stock Flying. Why Shares Still Got a Downgrade.
    SoFi is aiming to be profitable in its fourth quarter, but Wall Street is questioning the pace of growth.  ( 26 min )
    Top Dividend Stocks for August 2023
    BRY, GNK, ARI, PXD, and EGLE lead peers by forward dividend yield  ( 25 min )
    Toyota’s Big Earnings Surprise: It’s More Profitable Than Tesla
    Toyota's operating margins are back above those of electric vehicle giant Tesla. The battle for global automotive dominance continues.  ( 26 min )
    Trucking expert calls Yellow bankruptcy a ‘travesty, one of the largest’ within the industry
    Yellow Corp.'s expected bankruptcy was decades in the making, says FreightWaves' Craig Fuller, who argues Teamsters were "dragging" the "precarious" situation.  ( 31 min )
    Tupperware Pops with 800% Surge as Meme Trade Burns Shorts
    (Bloomberg) -- Tupperware Brands Corp. has been warning for months that it may go bust, but that isn’t keeping retail investors away from powering an eye-popping rally reminiscent of the pandemic-era meme stock craze.Most Read from BloombergCharles Koch-Tied Group Seeks to Block Trump From GOP NominationUS, Europe Growing Alarmed by China’s Rush Into Legacy ChipsAsia’s Richest Families Fuel Race for Lucrative Finance JobsSingapore PM to Address Political Scandals in ParliamentMyanmar Junta Pardo  ( 32 min )
    Uber Falls as Focus Shifts From First Profit to Slow Growth
    (Bloomberg) -- Uber Technologies Inc. reported better-than-expected net income, boosted by record ridership volumes, offering evidence the ride-hailing giant is officially moving beyond its cash-burning startup past and making progress on its profitability goals. Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Growing Alarmed by China’s Rush Into Legacy ChipsCharles Koch-Tied Group Seeks to Block Trump From GOP NominationMyanmar Junta Pardons Aung S  ( 32 min )
    Here's how to invest $100,000 right now, according to billionaire Mike Novogratz
    The crypto-enthusiast suggested that young and risk-tolerant investors buy Alibaba stock, silver, ether, and bitcoin.  ( 32 min )
    Are You a High Earner? You Could Pay a Lot More in Taxes Under This Proposed Law
    High earners could see a significant tax increase under a Democratic proposal to bolster Social Security and Medicare. A financial advisor can help you respond to potential changes to tax laws and regulations. Find a fiduciary advisor today. The proposed legislation – called the "Medicare and Social Security Fair Share Act" – would require taxpayers […] The post Are You a High Earner? You Could Pay a Lot More in Taxes Under This Proposed Law appeared first on SmartReads by SmartAsset.  ( 31 min )
    Ripple Ruling Rebuke Complicates Coinbase’s Defense Against the SEC: Berenberg
    U.S. District Judge Rakoff rejected a previous judge’s distinction between institutional sales and sales to retail investors on crypto exchanges, the report noted.  ( 31 min )
    ‘Opportunities Outweigh Risks’: Oppenheimer Sees at Least 60% Gains in These 2 Stocks
    It’s been clear for a while now that the stock market is on an upward trajectory, buoyed by a resilient economy and retreating high inflation. The good news, according to John Stoltzfus, Chief Investment Strategist at Oppenheimer, is that the chances of the bull market continuing are more likely than the bears grabbing hold of the narrative once again. “Our appraisal of the market landscape at this time suggests that opportunity outweighs risk as current monetary policy generates a transition fr  ( 34 min )
    Goldman Sachs upgraded, Rivian downgraded: Wall Street's top analyst calls
    Goldman Sachs upgraded, Rivian downgraded: Wall Street's top analyst calls  ( 33 min )
    JetBlue Stock Tumbles After Earnings. The 2 Big Things Behind the Fall.
    Signs of a softening demand in the quarters ahead have hurt airline shares this earnings season.  ( 26 min )
    Uber Delivers First Operating Profit. The Stock Is Falling.
    The ride-hailing company posts its first-ever quarterly operating profit and gives better-than-expected third-quarter guidance.  ( 26 min )
    Yellow Stock Soars, Extending Monday Jump
    Shares of trucking company Yellow continued to soar early Tuesday, extending a stretch of busy trading days after the company shut down operations ahead of an expected bankruptcy filing. The  ( 22 min )
    Can I Make More Money If I Roll My 401(k) Into An Annuity?
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    Meta stock just had a monster July, and here's why August could be sizzling too
    Believe it or not, Meta's stock still looks cheap on this one important valuation metric.  ( 33 min )
    $10 Million Will Last This Long If You Retire at 45
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    T. Rowe Price's Tax Tip: Use This Loophole to Save Your Heirs Big Money
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    NIO, Li, and XPeng Post Huge Deliveries Numbers. That’s Good for Tesla Stock.
    Chinese electric-vehicle makers Li Auto, XPeng, and NIO deliver a combined 65,604 vehicles in July. That's a record and up more than 100% from last year.  ( 26 min )
    Rockwell Automation misses quarterly forecasts on shipping delays
    "We made a change in our U.S. distribution center that added capacity to support higher revenue in fiscal Q4 and beyond," Rockwell's chief executive Blake Moret said. The company said on a post-earnings call it had missed about a week of planned shipments in May due to a longer-than-expected changeover to a new third-party logistics supplier at its North American distribution center.  ( 31 min )
    Allegro MicroSystems Gets Lift From Automotive, Clean Energy Markets
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    Top Shipping Stocks for Q3 2023
    ZIM Integrated Shipping Services, Nordic American Tankers, and Eneti are the top performers for value, growth, and momentum, respectively.  ( 22 min )
    Dow Jones Futures Fall Ahead Of Key Economic Data; Caterpillar, Merck, Uber Lead 9 Big Earnings Movers
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    JetBlue Stock Tumbles After Earnings. It’s Not All About the Domestic Slowdown.
    Signs of a softening demand in the quarters ahead have hurt airline shares this earnings season.  ( 26 min )
    Pfizer Stock Dips As Waning Demand For Covid Products Slashes Sales In Half
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    Tupperware Stock Skyrockets 24% Ahead of the Opening Bell
    Shares of Tupperware soared more than 20% ahead of the opening bell, continuing a meteoric rally that has more than quadrupled the value of the stock since the start of July. The gains are reminiscent of the meme stock mania that swept markets in recent years, when a speculative frenzy sent shares  ( 23 min )
    ZoomInfo Stock Tumbles on Reduced Outlook
    ZoomInfo shares are down sharply after the database information provider trimmed its full-year financial forecast.  ( 26 min )
    Pfizer Misses Expectations but Bets on New Drug Launches to Ease Shortfall
    The company is rolling out 19 products or new uses within 18 months, CEO Albert Bourla said.  ( 27 min )
    Altria Posts Narrow Earnings Beat and Maintains Profit Forecast
    The maker of Malboro cigarettes saw revenue hit by lower cigarette volumes. Price hikes helped offset that.  ( 26 min )
    BP Earnings Fall 65% With Oil Major's Surplus Cash Turning Negative
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    Norwegian Cruise Line Earnings Aren’t Quite Good Enough. The Stock Is Falling.
    The bar was high after Royal Caribbean's blowout numbers last week.  ( 26 min )
    Uber Delivers First Operating Profit. Its Winning Streak Continues.
    The ride-hailing company posts its first-ever quarterly operating profit and gives better-than-expected third-quarter guidance.  ( 26 min )
    7 Stocks Turn $10,000 Into $99,506 In 7 Months
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    Top Copper Stocks for Q3 2023
    Southern Copper Corp. is the best value copper stock and Capstone Copper Corp. leads for growth and momentum in this metals industry.  ( 21 min )
    Altria beats revenue, profit expectations on demand for nicotine pouches
    Altria, which has been raising prices to counter the defection of consumers to cheaper brands in the face of persistent inflation, has banked on demand for its premium offerings from the Marlboro brand of cigarettes, which it markets and sells in the U.S. Altria, like peer Philip Morris, also benefited from strong demand for spitless nicotine pouches, which are an alternative to traditional moist chewing tobacco.  ( 31 min )
    CAT Stock Hits New High As Dow Jones Heavyweight Crushes Q2 Estimates
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    Marriott Beats Estimates To Kick Off Big Week For Travel Earnings; Airbnb, Booking Holdings Also Loom
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    UPDATE 1-Norwegian Cruise projects third-quarter profit below estimates as costs bite
    Norwegian Cruise Line Holdings forecast third-quarter profit below estimates on Tuesday, as higher fuel costs reverse its gains from pent-up demand for cruise bookings and raised ticket prices. Shares of the company, which appointed a new CEO in March, were down 7.2% in premarket trading. Cruise operators have been wrestling with elevated costs associated with food, raw materials, fuel, a stronger U.S. dollar and labor due to the pandemic that were exacerbated by the Russia-Ukraine war.  ( 31 min )
    These Stocks Are Moving the Most Today: Arista, ZoomInfo, JetBlue, Uber, Merck, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 9 min )
    Analyst Report: Canadian Pac Kansas City Ltd
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    Analyst Report: Owens Corning
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    Analyst Report: Carrier Global Corp
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    Analyst Report: Linde Plc.
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    Analyst Report: American Water Works Co. Inc.
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    Technical Assessment: Neutral in the Intermediate-Term
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    Market Digest: CNI, CP, ADM, NOC, OC, AWK, META, LIN, CARR
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    Caterpillar’s Sales Surge as Construction Booms
    Revenue was lifted by higher sales across all three of its major segments.  ( 25 min )
    Pfizer mulls cost cuts on volatile COVID products demand
    Pfizer Inc on Tuesday fell short of Wall Street estimates for quarterly revenue, hit by declining sales of its COVID-19 products. Total revenue for the second quarter at $12.73 billion missing analysts' estimates of $13.27 billion, according to Refinitiv data.  ( 30 min )
    Enterprise reports lower Q2 earnings as margins tighten
    U.S. energy infrastructure group Enterprise Products Partners LP reported lower earnings for the second quarter due to a major year-on-year drop in the price of natural gas liquids, which affected margins, the company said on Tuesday. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the second quarter of 2023 were $2.17 billion, versus $2.36 billion a year before. Lower revenues on the company's EFS Midstream System, as well as lower volumes on its propylene and octane enhancement business, also affected earnings, it said.  ( 31 min )
    Huge Delivery Numbers From, NIO, Li, and XPeng Are Good for Tesla Stock
    Chinese electric-vehicle makers Li Auto, XPeng, and NIO deliver a combined 65,604 vehicles in July. That's a record and up more than 100% from last year.  ( 26 min )
    We’re now finding out the damaging results of the mandated return to the office–and it’s worse than we thought
    Three compelling reports show just how damaging RTO mandates are turning out to be.  ( 33 min )
    Tech worker goes viral after listing all past and current salaries on LinkedIn—but experts warn that may work against you
    The reality is you may lose your ability to negotiate when you put all cards on the table.  ( 32 min )
    Stocks Drop as Weak Earnings, China Hurt Sentiment: Markets Wrap
    (Bloomberg) -- Shares in Asia rose Tuesday following bullish trade on Wall Street as investors parsed further signs of stability in the global economy.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsLots of US Homeowners Want to Move. They Just Have Nowhere to GoCharles Koch-Tied Group Seeks to Block Trump From GOP NominationA 5% US Mortgage Rate Is Seen as Tipping Point to Unlock SupplyEquities i  ( 34 min )
    Strategists Scramble to Catch Up as S&P 500 Rally Rumbles On
    (Bloomberg) -- The S&P 500 received its most bullish outlook yet from Oppenheimer Asset Management, which sees further upside for stocks as the Federal Reserve nears a pivot and the US economy stays resilient.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsCharles Koch-Tied Group Seeks to Block Trump From GOP NominationLots of US Homeowners Want to Move. They Just Have Nowhere to GoA 5% US Mortgag  ( 31 min )
    These Stocks Are Moving the Most Today: Arista, ZoomInfo, BP, Merck, Pfizer, Caterpillar, and More
    Arista Networks soars after issuing revenue guidance above forecasts, while ZoomInfo tumbles after cutting its outlook. Earnings are expected Tuesday from Merck, Pfizer, Caterpillar, Uber, and Advanced Micro Devices.  ( 27 min )
    BP Joins Exxon, Chevron in Oil Profit Slump. Why the Stock Is Rising.
    The energy giant raised its dividend by 10% and announced a new $1.5 billion share buyback program.  ( 27 min )
    BP Returns More Cash to Shareholders Despite Profit Miss
    (Bloomberg) -- BP Plc raised its dividend by 10% and said it would buy back another $1.5 billion of shares, even as its second-quarter profit fell by more than expected amid weaker oil and gas prices. Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsCharles Koch-Tied Group Seeks to Block Trump From GOP NominationLots of US Homeowners Want to Move. They Just Have Nowhere to GoA 5% US Mortgage Rate I  ( 8 min )
    Billionaire Kretinsky in talks to buy Atos unit in $2.2 billion deal
    French tech company Atos said on Tuesday that it was in talks to sell its Tech Foundations unit to Czech billionaire Daniel Kretinsky's EP Equity Investment (EPEI). Atos said this sale would result in a positive net cash impact of 100 million euros ($109.9 million), and the transfer of 1.9 billion euros worth of on-balance sheet liabilities, resulting in an overall enterprise value of 2 billion euros. Atos will also re-name itself as Eviden, following the sale.  ( 30 min )
    AMD Chips Face Challenges. Why the Stock Is Still a Buy Ahead of Earnings.
    The Wall Street consensus estimate is that AMD will report revenue of $5.3 billion with adjusted earnings per share of 57 cents for the June quarter.  ( 26 min )
    HSBC lifts outlook, launches $2 billion buyback as profit beats forecasts
    HSBC Holdings reported a 235% increase in first-half profit on Tuesday, as it benefited from rising interest rates around the world and the positive effects of its planned French unit sale.Europe's largest bank with a market value of $162 billion posted a pretax profit of $21.7 billion for the first six months this year, versus $9.2 billion a year earlier. The results were better than the $20.9 billion mean average estimate of brokers compiled by HSBC.  ( 30 min )
    CVS to shed 5,000 jobs in cost-cutting push - WSJ
    CVS Health is shedding 5,000 jobs to help reduce costs as the U.S. pharmacy chain sharpens its focus on healthcare services, the Wall Street Journal reported on Monday. CVS added that the jobs affected will primarily be corporate positions, according to the report, citing a memo reviewed by WSJ. CVS did not immediately respond to a Reuters request for comment.  ( 30 min )
    Bitcoin, Ether drop in Asia afternoon trading as market digests Curve hack; most other leading tokens decline
    Bitcoin and Ether traded little changed on Tuesday morning, both holding at support prices they have fluctuated around for several weeks.  ( 32 min )
    Stocks are in the middle of a 'pivot rally' that still has room to run, according to one of Wall Street's biggest bears
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    Billionaire Mark Mobius Says Emerging Market Stocks Are the Place to Be Right Now; Here Are 2 Names That Analysts Like
    Since the end of the Second World War, the US has been the 800-pound gorilla of the world economy – the largest in monetary terms, the largest producer, the largest innovator, the largest financial market. That dominance has been challenged in the last couple of decades, with the rise of China to become the world’s second-largest economy, the expansion of Taiwan’s semiconductor chip industry to global leadership, the ingenuity of South Korean tech firms – especially in AI, and the expansion of I  ( 10 min )
    Wharton professor Jeremy Siegel says the stock market is headed to new all-time highs thanks to a strong economy and resilient corporate earnings
    "Lower inflation and stronger economy and good guidance and good profits, what's to stop this market now?"  ( 7 min )
  • Open

    Fitch Downgrades US Credit Rating Amid Fiscal Face-Offs. Here's Why It Matters.
    One debt limit fight just ended at the beginning of June and another budget fight is likely on the way. That, along with a few other macroeconomic factors, was enough for Fitch to downgrade the country's credit rating to AA+.  ( 17 min )
    What Is Borrower Defense?
    Borrower defense is a federal regulation that allows students who have been defrauded by their college to seek forgiveness for their student loans.  ( 22 min )
    S&P 500 Gains and Losses Today: Pharma Stocks Fall After Pfizer, Merck Reports
    The S&P 500 finished 0.3% lower on Tuesday, Aug. 1, 2023, as weaker-than-expected earnings from pharmaceutical companies weighed on the broader index.  ( 17 min )
    Top CDs Today: Rates Holding at Record Levels
    See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 18 min )
    Dow Jones Today: Caterpillar Earnings Lift Index
    The price-weighted index rode gains from Caterpillar to move higher by 0.2%, or roughly 70 points, despite more than two-thirds of the index’s stocks falling.  ( 17 min )
    Ford Electric F-150 Lightning Plant Reopens as Price Cuts Boost Demand
    Ford Motor Company said the plant that produces its popular electric F-150 Lightning pickup is back in operation, and ready to meet rising demand.  ( 16 min )
    Apple Bank Savings Account Interest Rates: August 2023
    The savings account at Apple Bank offers competitive rates, but are they competitive enough? We reviewed Apple Bank so you can decide if the bank is right for you.  ( 21 min )
    What Recession? Model Shows GDP Growth Accelerating To 3.9% In 3rd Quarter
    The gross domestic product, a broad measure of the country’s entire economic output, is on track to surge ahead to a 3.9% annual growth rate in the third quarter, for now.  ( 17 min )
    Norwegian Cruise Line Guidance Misses Forecasts as Costs Weigh on Earnings
    Norwegian Cruise Line shares plummeted as the cruise line operator’s outlook for the key third quarter missed estimates on higher costs.  ( 16 min )
    GenZ Wants To Invest In Line With Their Values, But The Economy Is Making That Harder
    High inflation, high interest rates, and high costs of living has impacted how younger generations invest.  ( 18 min )
    What Does "Guns and Butter" Mean?
    "Guns and Butter" describes the opposing relationship between defense and social spending for a nation's government.  ( 21 min )
    Construction Spending Jumped in June
    Construction spending—a key economic indicator of infrastructure activity—jumped 3.5% higher in June compared to a year ago, and was up 0.5% month-over-month.  ( 17 min )
    Uber Posts First Quarterly Operating Profit, But Shares Fall After Revenue Miss
    Uber Technologies posted its first-ever quarterly operating profit, but shares slumped as revenue missed estimates.  ( 18 min )
    What Is the Morbidity Rate? Factors and How It Differs From Mortality Rate
    The morbidity rate, used by various insurance companies to price their premiums, is the frequency with which a disease appears in a population.  ( 21 min )
    Stockholders' Equity: What It Is, How To Calculate It, Examples
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    Top S&P 500 ETFs for Q3 2023
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    Avoiding The Modified Endowment Contract Trap
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    Hardship Default Definition
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    The Great Housing Crash of 2023 That Wasn't
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    Foreign Purchases in US Homes Fall to Lowest Since 2009
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    What Is Term Insurance? How Does It Work, and What Are the Types?
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    Cashing In Your Life Insurance Policy
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    Top Natural Gas Stocks for Q3 2023
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    How to Consolidate Student Loans
    A student loan consolidation can save you money on your student loans, but there are some pros and cons to consider.  ( 25 min )
    Job Market Pickings Got Slimmer in June, Though Far From a Famine
    Job seekers, who have enjoyed plentiful options in recent years, saw their choices diminish somewhat in June as the number of job openings ticked down to their lowest since April 2021.  ( 17 min )
    Direct Consolidation Loan: Pros, Cons, and Process
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    Top 25 S&P 500 Stocks by Index Weight for August 2023
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    Government Agency Investigates 280,000 Teslas Over Steering Issues
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    Falling Refinery Margins Slice Marathon Petroleum's Quarterly Earnings
    Falling refinery margins slice Marathon Petroleum's quarterly earnings, but profit and revenue still surpass expectations as oil, gas prices again head higher.  ( 18 min )
    How Do Odds Work in Betting?
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    Markets Fall at Midday as Cruise-Line Stocks Drop After Latest Earnings Reports
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    What Is a Paper Trade? Definition, Meaning, and How to Trade
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    How to Compare the Yields of Different Bonds
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    Merck Beats Quarterly Estimates, Lifts Outlook on Sales of Cancer Drug, HPV Shot
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    Pfizer Q2 Revenue Misses Expectations as COVID Product Demand Slumps
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    BP Is Latest Energy Firm to Report Profit Drop on Lower Oil and Gas Prices
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    Small-Business Grants: Everything You Need to Know
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    S&P 500 Companies Ramped Up Capital Expenditures for the 9th Quarter
    U.S. companies are ramping up their capital expenditures (CapEx) after years of underinvestment, according to research from Bank of America.  ( 17 min )
    Setting Asset Valuation: Patents
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    How Foreigners Can Open Savings Accounts in the U.S.
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    Top Dividend Stocks for August 2023
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    Mortgage Rates Dip
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    American Express Savings Account Interest Rates: August 2023
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    Types of Pet Insurance
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    Birkenstock Plans September IPO At $8 Billion Valuation On Barbie Success
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    Amazon's Virtual Clinic Expands Nationwide
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    Top Stocks for August 2023
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    Top Shipping Stocks for Q3 2023
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    Top Oil and Gas Stocks for Q3 2023
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    Personal Consumption Expenditures (PCE): What It Is and Measurement
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    Private Placements: Definition, Example, Pros and Cons
    A private placement is a sale of stock shares to pre-selected investors and institutions rather than on the open market.  ( 24 min )
    Top Copper Stocks for Q3 2023
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    5 Things to Know Before Markets Open
    Meta Platforms is planning to roll out AI chatbots to help it retain users of its apps and healthcare retailer CVS lays off 5,000 workers as it cuts costs in preparations to expand into primary care. Here’s what investors need to know today.  ( 19 min )
  • Open

    Dow Jones Today: Caterpillar Earnings Lift Index
    The price-weighted index rode gains from Caterpillar to move higher by 0.2%, or roughly 70 points, despite more than two-thirds of the index’s stocks falling.  ( 1 min )
    S&P 500 Gains and Losses Today: Pharma Stocks Fall After Pfizer, Merck Reports
    The S&P 500 finished 0.3% lower on Tuesday, Aug. 1, 2023, as weaker-than-expected earnings from pharmaceutical companies weighed on the broader index.  ( 1 min )
    BP Is Latest Energy Firm to Report Profit Drop on Lower Oil and Gas Prices
    BP is the latest to join the list of major energy companies that posted big profit declines because of falling oil and gas prices.  ( 1 min )
    S&P 500 Companies Ramped Up Capital Expenditures for the 9th Quarter
    U.S. companies are ramping up their capital expenditures (CapEx) after years of underinvestment, according to research from Bank of America.  ( 1 min )
    Markets Fall at Midday as Cruise-Line Stocks Drop After Latest Earnings Reports
    U.S. equities fell at midday on Aug. 1, 2023, as optimism about corporate earnings faded following the release of the latest batch of reports.  ( 1 min )
    5 Things to Know Before Markets Open
    Meta Platforms is planning to roll out AI chatbots to help it retain users of its apps and healthcare retailer CVS lays off 5,000 workers as it cuts costs in preparations to expand into primary care. Here’s what investors need to know today.  ( 1 min )
  • Open

    Vliegen weer meer in trek: bijna negentien miljoen passagiers in Nederland
    Passagiersvliegtuigen stijgen en landen weer vaker op Nederlandse luchthavens en ze zitten ook voller. In het tweede kwartaal van dit jaar ging het om bijna negentien miljoen passagiers. Dat zijn er 9,3 procent meer dan vorig jaar.  ( 4 min )
    Amazon opent eerste Nederlandse distributiecentrum in Almelo
    Amazon heeft dinsdag zijn eerste Nederlandse distributiecentrum in Almelo geopend. De locatie moet tot 25.000 pakketten per dag kunnen verwerken, waardoor het webwinkelconcern meteen kans ziet meer producten in zijn assortiment op te nemen.  ( 3 min )
    Italiaanse tankstations moeten voortaan gemiddelde benzineprijs tonen
    Tankstations in Italië moeten vanaf dinsdag verplicht de gemiddelde prijzen van benzine en diesel tonen. Italië wil zo voorkomen dat pomphouders sjoemelen met de prijzen.  ( 3 min )
    Steeds meer Nederlanders pakken de motor, ook steeds meer jongeren
    In de eerste helft van dit jaar is er al een recordaantal nieuwe motoren verkocht in Nederland. Vooral onder jongeren wordt de motor steeds populairder.  ( 3 min )
    NU+ | Goedkoop laadkabeltje, warme smartphone: moet je je zorgen maken?
    Een telefoon wordt warmer als hij aan de laadkabel hangt, omdat er elektriciteit in stroomt. De accu wordt dan aan het werk gezet. Maar hoe warm hij wordt, ligt ook aan de kabel. Moet je je daar zorgen over maken?  ( 3 min )
    Onverwachte winst bij Uber door recordaantal taxiritten
    Ondanks de hoge inflatie werden er van april tot en met juni wereldwijd een recordaantal ritten geboekt bij Uber. Dat zegt het taxibedrijf dinsdag bij de presentatie van de cijfers.  ( 3 min )
    Nieuwe auto's rijden in file showroom uit, Kia Picanto in juli het populairst
    Dit jaar zijn tot nu toe ruim 229.000 nieuwe personenauto's geregistreerd. Dat zijn er 30,6 procent meer dan een jaar eerder. Vorige maand gingen bijna 29.000 nieuwe auto's de weg op, bijna een derde meer dan in juli 2022.  ( 3 min )
    FBI gebruikte zonder het zelf te weten verboden Israëlische spionagesoftware
    De FBI heeft naar eigen zeggen onbewust commerciële spionagesoftware ingezet om mensen te volgen. Daar kwam de dienst achter nadat The New York Times eerder dit jaar bewijs vond dat de Amerikaanse regering zich daar schuldig aan heeft gemaakt.  ( 3 min )
    Oliebedrijven profiteren minder van impact Oekraïne-oorlog op brandstofprijzen
    Net als bij Shell en Total zakken dit jaar ook bij olie- en gasproducent BP de winsten hard terug. De nettowinst van BP was in het tweede kwartaal ruim drie keer zo laag als in dezelfde periode vorig jaar.  ( 3 min )
    Facebook-moederbedrijf komt waarschijnlijk volgende maand met AI-chatbots
    Meta is van plan een reeks AI-chatbots naar zijn diensten te brengen. Het Facebook-moederbedrijf is van plan de chatbots van verschillende persoonlijkheden te voorzien. Ze verschijnen mogelijk al volgende maand, zeggen bronnen tegen de Financial Times.  ( 3 min )
    Duitse supermarkt berekent in proef milieukosten door aan klant
    Voor negen producten moeten klanten van supermarktketen Penny Market deze week de "werkelijke prijs" betalen. De Duitse discounter berekent de kosten van milieuschade door, waardoor een bol mozzarella bijna twee keer zo duur is.  ( 3 min )
    Toyota voert productie op nu chiptekorten verkoop niet meer afremmen
    De Japanse autoproducent Toyota produceerde en verkocht in het tweede kwartaal meer auto's dan ooit. Dat kon doordat de chiptekorten achter de rug zijn. Ook werkt mee dat de Japanse yen goedkoop is voor consumenten buiten Japan.  ( 3 min )
    Thuisbezorgd-koeriers vervoeren naast een snelle hap nu ook bodylotion
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  • Open

    Ford Electric F-150 Lightning Plant Reopens as Price Cuts Boost Demand
    Ford Motor Company said the plant that produces its popular electric F-150 Lightning pickup is back in operation, and ready to meet rising demand.  ( 1 min )
    Government Agency Investigates 280,000 Teslas Over Steering Issues
    The National Highway Traffic Safety Administration (NHTSA) has initiated a probe into Tesla's 2023 editions of Models 3 and Y.  ( 1 min )
    Birkenstock Plans September IPO At $8 Billion Valuation On Barbie Success
    Footwear brand Birkenstock, known for its high-fashion array of sandals, is considering going public in September via an IPO, potentially valuing the company at more than $8 billion.  ( 1 min )
    Amazon's Virtual Clinic Expands Nationwide
    Launched in November of last year, Amazon Clinic rolls out nationwide though its message-based consultations are still limited to 34 states.  ( 1 min )

  • Open

    Taco Bell sued over amount of meat, beans in Mexican pizzas, crunch wraps
    A new lawsuit accuses Taco Bell of falsely advertising its Mexican pizzas and crunch wraps and showing the menu items as being fuller than real life.  ( 31 min )
    CD vs. Savings Account: What’s Smarter Right Now?
    Both CDs and high-yield savings accounts are paying record rates right now, with dozens of options that earn 5.00% or more. Find out how to choose what's best for you.  ( 20 min )
    Here's why the Fed's rate hikes haven't actually hit Americans that hard
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    Top CD Rates Today: New Nationwide Leader Unveiled
    See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )
    Molson Coors Results On Tap; AB InBev To Nurse Hangover From Bud Light Boycott
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    Tupperware Gets A Seat At The Meme Stock Table As Investor Interest Hots Up
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    ZoomInfo Stock Tumbles on Reduced Outlook
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    Dow Jones Futures: Microsoft, Tesla At Key Support Levels; 5 Big Earnings Movers
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    Chipmaker Rambus Creates A Rumpus As Stock Falls After Earnings Report
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    Watch Pfizer’s Earnings for News on Shift to New Drugs
    The company is seeking new sources of revenue because patent expirations are expected to hit seven of its key products by the end of the decade.  ( 27 min )
    AT&T HR Chief Is Leaving as Company Cuts Thousands of Jobs
    (Bloomberg) -- AT&T Inc.’s human resources chief, Angela Santone, will leave the company at the end of September, just as the telecommunications giant is eliminating thousands of jobs as part of a newly expanded $8 billion cost-reduction program.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsStock Traders Refrain From Big Bets After  ( 8 min )
    Warren Buffett's favorite market gauge hits 171%, signaling stocks are overheated and a crash may be coming
    The Buffett Indicator spiking is a "very strong warning signal," and buying stocks when it's around 200% is "playing with fire," Buffett has said.  ( 6 min )
    Brightly flashing 'X' sign removed from the former Twitter's San Francisco headquarters
    A brightly flashing “X” sign has been removed from the San Francisco headquarters of the company formerly known as Twitter just days after it was installed. The San Francisco Department of Building Inspection said Monday it received 24 complaints about the unpermitted structure over the weekend, including concerns about its structural safety and illumination. The Elon Musk-owned company, which has been rebranded as X, had removed the Twitter sign and iconic blue bird logo from the building last week.  ( 5 min )
    Arista Slays Bears As Earnings Beat Amid Microsoft, Meta Worries
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    Disney Shares Climb as Two Former Execs Return to Advise on Company Strategy
    Disney shares gained as the entertainment giant reportedly brought back two former execs to advise CEO Bob Iger.  ( 16 min )
    PNC closed more branches than any U.S. bank in June
    PNC closed 173 branches in the first half of 2023, capped by 46 in June.  ( 10 min )
    J&J Leads Losses on the Dow After Court Rejects Bankruptcy Plans
    Johnson & Johnson shares dropped after a judge ruled against its plan to resolve talcum powder-related lawsuits.  ( 17 min )
    Hedge Funds ‘Throwing In Towel’ on Stocks as Rally Forces Unwind
    (Bloomberg) -- For stock-picking hedge funds coping with 2023’s loopy markets, risks are starting to outweigh the rewards.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsLots of US Homeowners Want to Move. They Just Have Nowhere to GoCharles Koch-Tied Group Seeks to Block Trump From GOP NominationA 5% US Mortgage Rate Is Seen as Tipping Point to Unlock SupplyPro managers who make both bullish and  ( 33 min )
    Stocks close higher to end another strong month: Stock market news today
    Stocks rose Monday as investors prepared for earnings from Apple and Amazon and for the July jobs report to land later this week.  ( 31 min )
    Dow Jones Giant Microsoft, 3 Other Best Stocks To Buy And Watch In The Stock Market Today
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    Young, Rich Americans Don't Trust the Stock Market, So They're Turning to Alternative Assets to Amplify Their Wealth
    A fresh wave of investors is veering away from the tried-and-true stocks and bonds, opting to venture into alternative assets. Gen Z and wealthy young investors are increasingly drawn to alternative investments rather than conventional choices. Based on a survey conducted by Lansons, it was found that less than 10% of the entire American population has invested in alternative assets. However, among the younger generations, there is a more significant interest in alternative investments, with 30%  ( 31 min )
    Boston hedge fund builds up a 25% stake in Yellow in past three weeks
    Mass layoffs and plans to file for bankruptcy haven't scared off a Boston-based hedge fund that now owns a 25% stake in Yellow.  ( 11 min )
    AAPL Stock Today: How To Trade The Upcoming Earnings With Options
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    Disney Taps Two Former Executives to Help Sell ESPN Stake
    (Bloomberg) -- Walt Disney Co. hired Kevin Mayer and Tom Staggs, two executives once in the running to replace Bob Iger as chief executive officer, to help it evaluate strategic partners for its ESPN sports networks.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy Chips‘FOMO Rally’ Hits a Wall as Stock Fatigue Kicks In: Markets WrapWhy Chin  ( 31 min )
    The best state to retire in isn't Florida, new study finds
    The Hawkeye State was No.1 on a Bankrate list of best places to retire, with Missouri and Nebraska among the top 10.  ( 31 min )
    Taco Bell is sued for false advertising of Crunchwraps, Mexican pizzas
    Frank Siragusa was not happy that the Mexican Pizza he paid $5.49 for at a Taco Bell in New York City last September appeared to contain only half as much beef and bean filling as the photo in the chain's advertising. In a proposed class action filed on Monday in Brooklyn federal court, Siragusa accused Taco Bell of deceiving consumers by falsely advertising its Mexican Pizza, Veggie Mexican Pizza, Crunchwrap Supreme, Grande Crunchwrap and Vegan Crunchwrap as containing "at least double" their actual content.  ( 30 min )
    It'll 'Upset A Lot Of Donors': Elon Musk Mocks Joe Biden's Tweet Calling On The Super Rich To Pay 'Their Fair Share.' Here's How Some Billionaires Pay Less Income Tax Than You
    The fairness of the U.S. tax system has long been debated. President Joe Biden recently tweeted, "It's about time the super-wealthy start paying their fair share." The message caught the attention of Tesla Inc. CEO and Twitter Inc. owner Elon Musk. "Please give him the password, so he can do his own tweets," Musk replied, implying that the tweet wasn't written by the commander in chief himself. But the billionaire business tycoon actually agrees with Biden's view. "In all seriousness, I agree th  ( 9 min )
    How To Earn $500 A Month From Citigroup Stock
    Oppenheimer analyst Chris Kotowski upgraded shares of Citigroup, Inc (NYSE:C) to an Outperform rating and lifted the price target from $84 to $88. The analyst said that Citigroup, with a tangible book value of 0.59x, is still one of the cheapest banks on the market. He further noted that Citigroup’s underlying operating trends closely reflect its second-quarter full-year 2023 results, which beat Street consensus. Citigroup reported a 1% year-over-year decline in net revenue to $19.44 billion, be  ( 8 min )
    The Argus Min Vol Model Portfolio
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    Johnson & Johnson: second talc bankruptcy dismissal hits share price
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    Analyst Report: United States Steel Corp.
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    Tesla's China Rivals Nio, Li Auto, XPeng On Hot Streak With July EV Sales Due
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    Johnson & Johnson Is the Dow’s Leading Decliner. Disney Stock Stands Out.
    Johnson & Johnson stock was dropping, while Walt Disney was rising in midday trading Monday, with the three major stock indexes little changed. Johnson & Johnson (ticker: JNJ) shares fell 3.7% and were on pace for their largest percentage decrease since June 2020, according to Dow Jones Market Data  ( 12 min )
    Market Update: HES, LUV, NSC, NUE, RCL, RJF, UNP, X
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    Mortgage Rates Rise Again, Hit Highest Level in Two-Plus Weeks
    Mortgage rates climbed again, taking the 30-year and other rate averages to their highest levels in more than two weeks, and the jumbo 30-year average to a 14-year high.  ( 21 min )
    Crypto founder allegedly bought ‘The Enigma,’ the largest black diamond in the world, after raising more than $1 billion in unregistered securities
    "The Enigma" is 555 carats and was sold by Sotheby's to Richard Heart in February 2022.  ( 30 min )
    Huge Diamond Bought Illegally With Crypto Proceeds, SEC Alleges
    (Bloomberg) -- The creator of crypto token Hex illegally used millions of dollars of investor funds to buy a 555-carat black diamond known as “The Enigma,” according to the US Securities and Exchange Commission.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsWhy China’s Miracle Growth Story May Be Coming to an EndWall Street Holds Bac  ( 31 min )
    Nvidia Chips Dominate AI. Demand Is ‘Off the Charts.’
    The latest word from the big cloud-computing vendors about their plans for AI spending has made Bernstein more upbeat about the chipmaker's prospects.  ( 26 min )
    AMD earnings, Uber Technologies, Pfizer reports: 3 things to watch
    Investing.com -- Stocks were muted on Monday as a deluge of megacap earnings started to hit this week, and as investors await this week's jobs report for July.  ( 31 min )
    SoFi Beats Estimates, Raises Outlook on Loan Volumes and Deposits
    Shares of SoFi Technologies skyrocketed as the online bank posted better-than-expected results on strong loan demand and deposits.  ( 18 min )
    Yellow’s demise: 2 decades in the making
    Less-than-truckload carrier Yellow Corp. closed the gates Sunday and ceased all operations. The post Yellow’s demise: 2 decades in the making appeared first on FreightWaves.  ( 38 min )
    Foxconn could produce 'millions' of solar energy components for Enphase in Mount Pleasant
    Foxconn in Wisconsin is making microinverters for Enphase Energy that convert power from solar panels into electricity.  ( 10 min )
    ‘It’s a Profitable Time’: Billionaire Ken Fisher Stays Heavily Invested in These 2 ‘Strong Buy’ Stocks
    We have just been through a period of abundant stock market gains, but that is no coincidence, according to one legendary stock picker. Ken Fisher calls the last 9 months the “midterm miracle.” That is, history has shown that the 9 months starting October of a midterm election year turn out to be the most consistently profitable period in the stock market in all stock market history. With the huge strides made since October 1 last year, this scenario has played out in a “picture perfect” way. Bu  ( 10 min )
    Trucking Company Yellow Filing for Bankruptcy Amid Union Standoff and $1.3B Debt
    Cash-strapped, with $1.3 billion in debt due next year, trucking company Yellow is shuttering operations amid a union standoff.  ( 19 min )
    Tupperware has become a meme stock, gaining over 300% in past month
    Just this past April, the company warned of liquidity problems, saying there was “substantial doubt about its ability to continue as a going concern.”  ( 31 min )
    Which Detroit Auto Stock Is the Best? Not Ford, Analyst Says. Opt for This One Instead.
    Jefferies analyst Philippe Houchois downgraded Ford stock to Hold from Buy. His price target went to $15 a share from $17.  ( 26 min )
    NCLH Stock Sails 76% Higher This Year, Ahead Of Norwegian Cruise Line Earnings
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    Morgan Stanley Strategists Say US Stocks Are in a 2019-Like Rally
    (Bloomberg) -- Morgan Stanley’s Michael Wilson, one of the few Wall Street strategists to see last year’s equities rout coming, has been among the market’s leading pessimists throughout 2023. But on Monday, after months of soaring stocks, he changed his tone and now sees the rally running further. Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on Bo  ( 8 min )
    ON Semiconductor Stock Rises as Chip Stocks Dip
    Shares of ON Semiconductor rose early Monday, leading the the S&P 500's advancers and supporting an index of chip stocks in morning trading. ON's stock was recently up roughly 2.5%. The Scottsdale, Ariz.-based company, which makes intelligent sensing and power services, said it is targeting third-q  ( 21 min )
    Elon Musk denies city building inspectors access to Twitter headquarters to evaluate safety of new X sign
    The entrepreneur's divisive rebrand of Twitter has already wiped billions off its value, and now the very symbol of the company is deemed a potential hazard for public safety.  ( 32 min )
    Adobe upgraded, Salesforce downgraded: Wall Street's top analyst calls
    Adobe upgraded, Salesforce downgraded: Wall Street's top analyst calls  ( 9 min )
    SoFi Surges Most in a Year After Boosting 2023 Revenue Forecast
    (Bloomberg) -- SoFi Technologies Inc. shares rose the most in almost a year after the online bank raised its revenue guidance, citing benefits from deposit growth and lower funding costs on loans.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on BoardChina Stops Short of Direct Consumer Support to Spur EconomyStocks Waver as Risk Appetite Cools; Yen  ( 7 min )
    Stocks rise in run-up to tech results, jobs report: Stock market news today
    Stocks rose in the early going Monday, as investors prepared for earnings from Apple and Amazon, and for the July jobs report to land later this week.  ( 7 min )
    Yellow is shutting down after 99 years. Here's what happened.
    The trucking company, once one of the U.S.' largest, will cease operations amid battle with union and struggles to pay debts.  ( 6 min )
    Ask an Advisor: How Can Tax Rates Be Higher in Retirement Than Your Earning Years?
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    Do I Pay Taxes Automatically If I Inherit Property?
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    Nikola Scores a New Order. The Stock Is Soaring.
    The logistics company J.B. Hunt Transport Services is ordering 13 trucks from the EV start-up. Investors are pleased.  ( 26 min )
    Can I Switch a Social Security Benefit to a Spousal Benefit?
    Social Security benefits can provide you with a stream of retirement income that is reliable. Deciding when to take benefits is an important question, especially if you're married and hope to qualify for spousal benefits. If you're already taking Social … Continue reading → The post Rules for Switching Social Security Benefits appeared first on SmartAsset Blog.  ( 33 min )
    Yellow is shutting down and headed for bankruptcy, the Teamsters Union says. Here's what to know
    Trucking company Yellow Corp. has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports. After years of financial struggles, reports of Yellow preparing for bankruptcy emerged last week — as the Nashville, Tennessee-based trucker saw customers leave in large numbers. Yellow shut down operations on Sunday, according to the Wall Street Journal, following the layoffs of hundreds of nonunion employees on Friday.  ( 10 min )
    Attention Wealthy Americans: You're Not Taking Retirement Seriously Enough
    Higher-income households are more likely to overestimate their retirement readiness, according to a new analysis from the Center for Retirement Research at Boston College. The findings underscore the importance of proper retirement planning, even for the wealthy. While 28% of … Continue reading → The post Attention High Earners: You're Not Taking Retirement Seriously Enough appeared first on SmartAsset Blog.  ( 8 min )
    ON Semiconductor Beats Second-Quarter Targets On Surging Auto Chip Demand
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    Dow Jones Futures Rise In Final Day Of July; 6 Best Stocks To Buy And Watch
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    On Semiconductor forecasts robust Q3 revenue on silicon carbide strength
    The rising adoption of electric vehicles has been a boon for chipmakers like Onsemi and NXP Semiconductors. Onsemi said in May it was considering investing over $2 billion to boost the production of silicon carbide chips used to extend the range of EVs. "Our brownfield capacity expansion is creating an opportunity for Onsemi to gain share in silicon carbide by capitalizing on the rapidly accelerating demand for electrification and renewable energy," Onsemi's CEO Hassane El-Khoury said in a statement.  ( 7 min )
    Weekly Stock List
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    Only 11 Stocks' Dividends Are Impressive Now That CDs Yield 5.4%
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    Missing Millions and a Rabbinical Arbitrator: Real-Estate Deal Gone Bad Hits Popular Crowd Funder
    CrowdStreet raised $4 billion by promising big returns to small investors, but many deals were disappointing.  ( 27 min )
    Bullish MicroStrategy Analysts Raise Price Targets Ahead of Q2 Earnings
    Analysts are bullish on software company MicroStrategy (MSTR), which reports earnings for the second quarter after the market close on Tuesday, and it’s all thanks to the many bitcoin (BTC) it holds.  ( 7 min )
    GE Stock Hit With a Downgrade, the Market Shrugs. Here’s Why.
    Oppenheimer analyst Christopher Glynn bumped shares of General Electric to the equivalent of Hold from Buy.  ( 26 min )
    Coinbase boss Brian Armstrong: SEC suggested change that would have triggered the end of the crypto industry in America
    “Let’s go to court and find out what the court says.”  ( 8 min )
    Analyst Report: RTX Corp.
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    Analyst Report: General Dynamics Corp.
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    Analyst Report: Boyd Gaming Corp.
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    Analyst Report: Waste Management, Inc.
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    Ford Stock Catches Downgrade. Chrysler Owner Stellantis Is the Best Bet, Says This Analyst.
    Jefferies analyst Philippe Houchois downgraded Ford stock to Hold from Buy. His price target went to $15 a share from $17.  ( 26 min )
    5 Things to Know Before Markets Open
    Shares of SoFi Networks surged ahead of its earnings report and trucking company Yellow shut down operations as it prepares for bankruptcy. Here’s what investors need to know today.  ( 17 min )
    Oil Prices Head for Biggest Monthly Climb In Over a Year
    Crude prices are on track for their biggest one-month advance since January last year, as traders brace for cuts by Saudi Arabia and Russia to tighten supplies. Brent crude futures, the global oil benchmark, have risen 13% in July to about $85 a barrel. The rally has snapped oil out of a monthslong  ( 22 min )
    Oil to drift lower as slower growth offsets OPEC+ cuts: Reuters poll
    Oil prices will stall this year as weak economic growth is expected to curb demand and offset the impact of OPEC+ production cuts on supply, a Reuters poll showed on Monday. U.S. crude was seen averaging $77.20 a barrel in 2023, down from the previous month's $78.38 forecast, and $78.25 in 2024. "We expect the impact of high interest rate levels to start curbing economic growth more strongly over H2 2023," data and analytics firm Kpler said, maintaining "a comparatively bearish view on the market".  ( 7 min )
    Apple Grapples With Weak Smartphone Market. This Analyst Says Buy the Stock Anyway.
    Wedbush's Daniel Ives suggests looking past iPhone sales and backing Apple stock on a likely acceleration in services revenue in 2024.  ( 26 min )
    Clock on the Fed's 'soft landing' may already be ticking
    Throughout the Federal Reserve's drive to kill inflation, policymakers have focused on raising the benchmark overnight interest rate high enough to do the job and getting it there fast enough to keep the public from losing faith. The Fed last week raised its policy rate to the 5.25%-5.50% range, the 11th increase in the last 12 meetings.  ( 9 min )
    Coinbase CEO Says SEC Wanted All Assets Except Bitcoin Delisted: Report
    The regulator reportedly wanted Coinbase to cease trading all cryptocurrencies except Bitcoin prior to its legal action against the exchange.  ( 7 min )
    Amazon investors eye revenue, cloud growth and retail margins ahead of earnings
    Amazon investors are looking for updates on the tech giant's cloud business, ad revenue growth and signals on consumer health heading into the holidays as inflation continues to impact spending for corporations and consumers. Investors want to know how Amazon Web Services (AWS), the company's cloud provider, stands up against Microsoft and Google's, which both on Tuesday reported slowed growth in their cloud businesses in the quarter ending in June 30. Amazon previously said it is seeing a decrease in growth in AWS as business clients reallocated their spending to reduce costs.  ( 8 min )
    CEO lessons from the Jack Welches of the world are ‘mostly obsolete’ now, ex-Dow Chemical chief executive says
    Today's business landscape requires totally different set of skills, Andrew Liveris writes in his new book.  ( 7 min )
    Traders Brace for $102 Billion Wave of Treasury Bond Sales
    (Bloomberg) -- The US Treasury is set this week to begin a ramp-up in issuance of longer-dated securities that’s likely to stretch into next year, forced by a rapidly deteriorating budget deficit and soaring interest rates.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on BoardChina Stops Short of Direct Consumer Support to Spur EconomyArab States S  ( 9 min )
    These 21 private equity power players are shaping the $8 trillion industry as a new guard emerges
    Whether in their sixth decade or their third, these are some of the most powerful private equity investors in the U.S. And they have $1.5 trillion to invest.  ( 19 min )
    Adobe Could Add Another 25% to Its Blistering Rally, Morgan Stanley Says
    (Bloomberg) -- Adobe Inc.’s blistering rally has further to go, according to Morgan Stanley analyst Keith Weiss, who sees the creative software maker’s shares adding a further 25% over the next year.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoAsia’s Richest Families Fuel Race for Lucrative Finance JobsBurning Ship’s Operator Says Almost 500 EVs Are on BoardChina Stops Short of Direct Consumer Support to Spur EconomyArab States Sour on Israel in Blow to  ( 7 min )
    These Stocks Are Moving the Most Today: SoFi, Walmart, J&J, Apple, Amazon, and More
    SoFi Technologies is scheduled to post earnings on Monday, while reports from Apple and Amazon are set for later in the week. Walmart, meanwhile, boosts its stake in India's Flipkart, according to The Wall Street Journal.  ( 26 min )
    Stocks to Watch Monday: Palantir, Walmart, J&J
    ↗️ Palantir (PLTR): The data-mining company's shares gained roughly 5% ahead of the opening bell. The stock surged 10% Friday, boosted by an analyst note that said it was poised to be a major player in the artificial-intelligence revolution. ↘️ [**  ( 22 min )
    European Stocks Weighed Down by Earnings Hit; Heineken Slumps
    (Bloomberg) -- European stocks edged lower as the weakest corporate earnings season since 2020 outweighed optimism that interest rates were potentially peaking. Heineken NV slumped after the brewer cut earnings forecast as its price increases drove consumers away from its brands.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardAsia’s Richest Families Fuel Race for Lucrative Finance JobsArab States Sour  ( 32 min )
    Apple, Amazon, Starbucks to Report in Packed Earnings Week
    Live coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite  ( 21 min )
    Lamborghini could hit 10,000 sales this year, CEO says
    Lamborghini could sell 10,000 cars this year for the first time, its CEO said, as the luxury sports carmaker reported a rise in profit and revenues for the first half. Chairman and CEO Stephan Winkelmann said it was not easy to make forecasts due to market uncertainties, including with raw materials, but added that selling 10,000 cars this year was a "feasible goal". Supported by the success of its Urus SUV, which costs around 200,000 euros ($219,900) before tax, Lamborghini has in recent years expanded its output, relying on solid demand from wealthy car lovers.  ( 7 min )
    Bonds Drop, Stocks Waver as Traders Seek Rate Cues: Markets Wrap
    (Bloomberg) -- Equities in Asia rose Monday following a rally on Wall Street as investors embraced fresh signs that inflation is easing further. Chinese stock gauges led gains on expectations of more government stimulus. Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesAsia’s Richest Families Fuel Race for Lucrative Finance JobsArab States Sou  ( 33 min )
    Swiss National Bank posts $15 billion loss as rate hikes hit bond holdings
    The Swiss National Bank on Monday posted a second quarter loss of 13.20 billion Swiss francs ($15.14 billion) as interest rate hikes by other central banks dented the value of its massive bond holdings. The SNB lost 8.08 billion francs on its foreign currency positions of 742 billion francs as bond prices fell as investors feared more interest rate hikes by the U.S. Federal Reserve, European Central Bank and others. The Swiss central bank also lost 3.14 billion francs on its gold holdings in the three months to the end of June, as lower prices cut the value of the 1,040 tonnes of the precious metal it holds.  ( 31 min )
    Boeing plans to restart 777X production this year, but regulatory hurdles remain
    “This is our desire to simply get ahead of the production curve,” said Boeing CEO David Calhoun, despite there being “no breaks on the regulatory side.”  ( 10 min )
    Analysis-Words only go so far: Investors want property fixed before buying China
    For all the excitement whipped up in China's markets by the Politburo last week, foreign investors say policymakers' words will have to be matched by substantive action to clean up an ailing property sector before confidence recovers. The sector accounts for a quarter of China's economy, yet developers' debts are sliding deeper into distressed territory, with repayment problems mounting while sales crumble. When the Politburo signalled that there would be changes to real estate policy, along with other measures to boost an economy, it ignited the biggest one-day buying spree in China's stock markets since 2021.  ( 32 min )
    Analysis-Dwindling excess savings could scupper markets' soft-landing hopes
    The cash piles households built up during the lockdowns and government stimulus of 2020-2021 have long been touted by analysts and central bankers as a reason economies could avoid a deep recession. U.S. excess savings have fallen to around $500 billion from around $2.1 trillion in August 2021, the San Francisco Federal Reserve estimates. In Europe, Deutsche Bank reckons excess savings in Sweden, struggling to contain a property slump, have dwindled.  ( 33 min )
    The S&P 500 Rose 2% in July. The Good Times Should Keep Rolling.
    The S&P 500 could end the year near its all-time high, given strong market sentiment and the current economic landscape, according to DataTrek.  ( 26 min )
    Everything China Is Doing to Juice Its Flagging Economy
    (Bloomberg) -- China has made a number of pledges recently to revive the economy’s recovery and improve the business environment as concerns about the growth outlook continue to mount. Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardAsia’s Richest Families Fuel Race for Lucrative Finance JobsBodegas Put on Notice as Visa Fights Back on Card SurchargesArab States Sour on Israel in Blow to US Aim of Sau  ( 32 min )
    SoFi’s Earnings Are All About Student Loans
    The stock has doubled this year, and the fintech's second-quarter earnings report may indicate whether that wild run was warranted.  ( 26 min )
    Goldman upgrades oil demand outlook as market tempers growth pessimism
    Goldman analysts estimate global oil demand climbed to an all-time high of 102.8 million barrels per day (bpd) in July and see solid demand driving a larger-than-expected 1.8 million bpd deficit in the second half this year and a 0.6 million bpd deficit in 2024. A reduced recession risk and a strong effort by the Organization of the Petroleum Exporting Countries (OPEC) to push up prices support Goldman's view on higher oil prices and an outlook for less volatility, the analysts wrote in a note. Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia would extend voluntary output cuts into September and tighten global supply.  ( 7 min )
    Gold set for monthly gain as end to rate-hike cycle looms
    Gold prices were bound for their biggest monthly gain in four on Monday as expectations grew that major global central banks may be nearing the end of current monetary policy tightening cycles. Spot gold was down 0.2% at $1,954.79 per ounce by 0431 GMT, while U.S. gold futures slipped 0.4% to $1,953.80 per ounce. "Markets feel vindicated with their assessment that Fed rates are at or near their terminal rate, with key inflation reports from the U.S. all pointing towards a faster pace of disinflation," said Matt Simpson, a senior market analyst at City Index.  ( 31 min )
    A Record $90 Billion in Ship Orders Loom Over Boom-Bust Industry
    (Bloomberg) -- The world’s biggest shipping companies are plowing their pandemic windfalls into orders for new vessels on an unprecedented scale, making an industry known for hair-raising cycles of boom and bust more vulnerable in the latest downturn.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardAsia’s Richest Families Fuel Race for Lucrative Finance JobsBodegas Put on Notice as Visa Fights Back on  ( 34 min )
    Stock market today: Asia shares gain after Wall St rally as investors pin hopes on China stimulus
    Sentiment also has been boosted by revived hopes for more stimulus from Beijing for the sluggish Chinese economy. Chinese factory activity contracted in July as export orders shrank, a survey showed, adding to pressure on the ruling Communist Party to reverse an economic slowdown.  ( 7 min )
    Before suing Coinbase, SEC asked it to trade only in bitcoin -FT
    The U.S. Securities and Exchange Commission (SEC) had asked Coinbase to stop trading in all cryptocurrencies other than bitcoin prior to suing cryptocurrency platform in June, the Financial Times reported on Monday, citing Chief Executive Brian Armstrong.  ( 6 min )
    Analysis-Oil inventory drops set stage for higher prices
    Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from OPEC leader Saudi Arabia, providing support for prices which are expected to rise in coming months. JP Morgan analysts said this month that oil inventories - which include crude and fuel products - now play a bigger role in determining oil prices than the U.S. dollar because Western sanctions on Russia have accelerated oil trading in other currencies. Both the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC) expect oil demand to outpace supply this year, leading to overall inventory draws to the tune of 400,000 to 500,000 barrels per day (bpd), mostly accounted for by the second half of the year.  ( 32 min )
    Walmart Buys Tiger Global’s Flipkart Stake for $1.4 Billion
    (Bloomberg) -- Walmart Inc. paid $1.4 billion to buy Tiger Global Management’s remaining stake in Flipkart, boosting its bet on the Indian retailer and helping the money manager provide distributions to investors at a time when accessing liquidity is tough.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesItaly Must Exit China Pact While Avoidi  ( 7 min )
    3 ETFs That Replicate Buffett's Investment Strategy (MOAT, XLF)
    Discover three exchange-traded funds (ETFs) that investors seeking to emulate the investment strategies of Warren Buffett may wish to consider.  ( 19 min )
    Teamsters notified Yellow filing bankruptcy
    The Teamsters union said late Sunday it received a legal notice that Yellow Corp. will be filing bankruptcy. The post Teamsters notified Yellow filing bankruptcy appeared first on FreightWaves.  ( 8 min )
    Chinese Stocks Extend Rally as Optimism Builds Over Stimulus
    (Bloomberg) -- Chinese stocks rose from Monday’s open, extending last week’s gains, on increasing signs Beijing is determined to shore up growth with measures supporting weaker parts of the economy. Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesItaly Must Exit China Pact While Avoiding Crisis, Minister SaysVanguard’s Economists Aren’t Buyin  ( 30 min )
    Yen snaps three-month losing streak; dollar eyes monthly loss
    The yen edged steadily higher on Monday following a volatile session at the end of last week after the Bank of Japan (BOJ) loosened its grip on interest rates, and was on track to reverse three consecutive months of loss. The U.S. dollar was conversely headed for a monthly loss on the prospect that the Federal Reserve's aggressive rate-hike cycle - a key driver of the dollar's strength - could have concluded with last week's 25-basis-point increase. The yen was last roughly 0.3% higher at 140.77 per dollar, nursing some of its heavy loss from Friday after the BOJ maintained ultra-low rates, though made its bond yield curve control (YCC) policy more flexible and loosened its defence of a long-term rate cap.  ( 8 min )
    Plummeting Production Show Australia's Lithium Refining Challenge
    (Bloomberg) -- Production has plummeted at Australia’s first lithium hydroxide refinery, operated by Tianqi Lithium Corp., extending a run of setbacks in the country’s attempt to move into battery metal refining.Most Read from BloombergLots of US Homeowners Want to Move. They Just Have Nowhere to GoBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesItaly Must Exit China Pact While Avoiding Crisis, Minister SaysVanguard’s Economists  ( 7 min )
    While Everyone Else Fights Inflation, China’s Deflation Fears Deepen
    Signs of deflation are becoming more prevalent across China, heaping extra pressure on Beijing to reignite growth or risk falling into an economic trap it could find hard to escape.  ( 26 min )
    Seeking at Least 9% Dividend Yield? This 5-Star Analyst Suggests 2 Dividend Stocks to Buy
    “What lies ahead for the stock market?” That’s the burning question on the minds of every market and economic expert out there, and it’s undoubtedly a challenging one. Inflation has moderated to a reasonable 3% annually, and the job market is showing signs of strength. Stocks are surging, indicating that investors have factored in the risk of a potential recession. However, this leads to a problem highlighted by B. Riley’s chief investment strategist, Paul Dietrich. He points out that earnings e  ( 10 min )
    Asia shares up as China extends rally; Japanese yields a risk
    Asian shares looked to end the month on a firm note on Monday in a week littered with major economic releases, central bank meetings and earnings updates from mega caps Amazon and Apple, though rising Japanese bond yields were a risk. The early impetus for shares was positive following Friday's U.S. data showing an easing in wage costs and core inflation, which fuelled hopes the Federal Reserve was done tightening. The Bank of England is widely expected to raise rates by at least a quarter point, but markets are more divided on whether the Reserve Bank of Australia will hike or stay on hold.  ( 8 min )
    Oil on track for biggest monthly gains in over a year
    Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia would extend voluntary output cuts into September and tighten global supply. Saudi Arabia is expected to extend a voluntary oil output cut of 1 million barrels per day (bpd) for another month to include September, analysts said. "Oil prices are up 18% since mid-June as record high demand and Saudi supply cuts have brought back deficits, and as the market has abandoned its growth pessimism," Goldman Sachs analysts said in a July 30 note.  ( 7 min )
    Oil on track for biggest monthly gains in over a year
    Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia would extend voluntary output cuts into September and tighten global supply. Saudi Arabia is expected to extend a voluntary oil output cut of 1 million barrels per day (bpd) for another month to include September, analysts said. "Oil prices are up 18% since mid-June as record high demand and Saudi supply cuts have brought back deficits, and as the market has abandoned its growth pessimism," Goldman Sachs analysts said in a July 30 note.  ( 7 min )
    How Smart Money Is Playing The $700 Billion EV Boom
    The EV market has become extremely competitive in 2023, and while some of the smaller players are getting crushed, smart investors are betting on highly profitable niches such as electric boats  ( 18 min )
    Investors Are Happy to Pay Premium for Tech, But Not for AI
    (Bloomberg) -- Investors on Wall Street and beyond are betting that the great tech rally of 2023 has staying power, even as they appear skeptical that the artificial-intelligence era will live up to the hype. Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardLots of US Homeowners Want to Move. They Just Have Nowhere to GoBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bon  ( 9 min )
    One Big Gold Seller Among Central Banks Has Even More to Offload
    (Bloomberg) -- In a turnaround that’s already taken it from one of the world’s biggest gold buyers to a top seller this year, Kazakhstan’s central bank is looking to cut the metal’s share to as low as half of its $34.5 billion reserves.Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardLots of US Homeowners Want to Move. They Just Have Nowhere to GoBodegas Put on Notice as Visa Fights Back on Card Surcharg  ( 33 min )
  • Open

    CD or High-Yield Savings Account: What’s Smarter Right Now?
    Both CDs and high-yield savings accounts are paying record rates right now, with dozens of options that earn 5.00% or more. Find out how to choose what's best for you.  ( 19 min )
    Amazon Says Its Deliveries Were the Fastest Ever in the Second Quarter
    Amazon shares gained after reporting delivery times to its Prime members in the second quarter were the fastest ever.  ( 16 min )
    Top CD Rates Today: New Nationwide Leader Unveiled
    See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )
    S&P 500 Gains and Losses Today: Oil Industry Stocks Advance as Oil Prices Climb
    The S&P 500 was little changed to start the week on Monday, July 31, 2023, edging 0.2% higher as oil stocks gained on the back of higher oil prices.  ( 18 min )
    How Long Can U.S. Consumers’ Spending Spree Continue?
    U.S. consumers ramped up their spending on material goods during the pandemic and haven’t looked back, and economists are wondering just how long the shopping spree will last.  ( 17 min )
    Biotechnology Definition
    Biotechnology is the scientific study of using living organisms to develop healthcare products and processes. Learn how to invest in biotech companies.  ( 27 min )
    Tupperware Gets A Seat At The Meme Stock Table As Investor Interest Hots Up
    Even as some of the original meme stocks lose momentum, Tupperware is the newest member of the group with shares rising about 450% in just a month.  ( 19 min )
    Dow Jones Today: Index Higher For Second Straight Month
    The Dow closed July with a gain of 3%, moving up 100 points, or 0.28% on the session, as investors watch earnings and prepare for Friday’s job report.  ( 18 min )
    Disney Shares Climb as Two Former Execs Return to Advise on Company Strategy
    Disney shares gained as the entertainment giant reportedly brought back two former execs to advise CEO Bob Iger.  ( 16 min )
    J&J Leads Losses on the Dow After Court Rejects Bankruptcy Plans
    Johnson & Johnson shares dropped after a judge ruled against its plan to resolve talcum powder-related lawsuits.  ( 17 min )
    Homeowners with Mortgages Rates Greater Than 5% More Likely To Sell
    One in five homeowners have mortgage rates greater than 5% and are twice as likely to sell their homes, compared to the vast majority of homeowners with lower rates who feel locked in, a new Zillow survey found.  ( 18 min )
    Cash Flow: What It Is, How It Works, and How to Analyze It
    Cash flow is the net cash and cash equivalents that move in and out of a company's financial statement.  ( 26 min )
    Borrowing Continued To Get Tougher in Second Quarter
    Most banks toughened up their lending standards in the second quarter, and plan to continue to do so in the near future out of concern for the economic outlook, making it harder for businesses and individuals to take out loans.  ( 17 min )
    Businesses Expect Revenue Growth Despite Macroeconomic Conditions, Says Survey
    Despite current challenges in the U.S. economy, approximately 75% of mid-sized business owners plan to expand their businesses over the next 12 months.  ( 17 min )
    Should I Get Life Insurance in My 20s?
    Find out how Americans in their 20s can benefit from a well-thought-out life insurance policy, especially if they are able to build cash value.  ( 26 min )
    Does Netspend Work With PayPal?
    Netspend and PayPal both allow fund transfers and they work in conjunction with each other. Find out more about Netspend prepaid cards and how the process works.  ( 21 min )
    Personal Loan Rates & Trends, Week of July 31: Rates Jump
    Personal loan rates moved up sharply this week to 20.86%, jumping 31 basis points since last week when the average personal loan rate sat at 20.55%.  ( 18 min )
    What Are the Pros and Cons of Life Insurance Loans?
    Find out the pros and cons of borrowing against your life insurance policy to determine if this loan type is the right financial decision for you.  ( 22 min )
    US Crude Inventories Post Steepest Decline Since October 2021
    Crude oil inventories at the Cushing, Oklahoma, hub fell by 2.9 million barrels in the week ended July 14, the steepest drawdown since October 2021.  ( 17 min )
    US Launches Its First Nuclear Reactor Built From Scratch in Decades
    The first nuclear reactor built from scratch in the U.S. in decades has entered operation at a power plant in Georgia, which could present opportunities for the nuclear industry and investors.  ( 18 min )
    Life Insurance Premium Financing: Worth the Risk?
    Life insurance premium financing lets high net worth individuals buy costly insurance without liquidating assets, but there are risks involved.  ( 22 min )
    Capital Gains Tax: What It Is, How It Works, and Current Rates
    A capital gains tax is a levy on the profit that an investor makes from the sale of an investment such as stock shares. Here's how to calculate it.  ( 35 min )
    Understanding Allocational Efficiency and Its Requirements
    Allocational efficiency is the efficient allocation of resources that leads to maximum overall satisfaction in the economy.  ( 19 min )
    Performance Management: Definition, Purpose, Steps & Benefits
    Performance management helps managers monitor and evaluate employees' work and align it with the company's goals.  ( 22 min )
    Subsidiary Company: Definition, Examples, Pros & Cons
    A subsidiary is a company that is more than 50% owned by another company. The owner is usually referred to as the parent company or holding company.  ( 25 min )
    Now That We Know What We Know, What Could Go Wrong?
    After the Fed's latest rate hike, which may not have been its last, we search for points of weakness and areas of continued strength in the markets with Kenny Polcari. "Irrational exuberance" makes a return as a catchphrase. Is 2023 really like 1996?  ( 19 min )
    Cryptocurrency Regulations Around the World
    Cryptocurrencies continue to gain traction with investors around the world. Explore how leading countries are regulating the emerging asset class.  ( 28 min )
    Markets Rise at Midday, on Track for a Monthly Gain on Profits, Lower Inflation
    U.S. equities advanced at midday on Monday, July 31, 2023, heading for a winning month on strong earnings and easing inflation.  ( 16 min )
    Target Rate: What It Is, How It Works, FAQs
    A target rate is a key interest rate that a central bank targets to guide monetary policy.  ( 22 min )
    Congressional Stock Trading Ban Proposed Amid High Public Support
    The bipartisan bill taps into the public’s overwhelming support for banning stock trading among members of Congress and top White House officials.  ( 19 min )
    Mortgage Rates Rise Again, Hit Highest Level in Two-Plus Weeks
    Mortgage rates climbed again, taking the 30-year and other rate averages to their highest levels in more than two weeks, and the jumbo 30-year average to a 14-year high.  ( 20 min )
    How SEC Regs Will Change Cryptocurrency Markets
    The SEC's recent enforcement push seeks to protect cryptocurrency investors.  ( 26 min )
    Walmart Raises Stake in Indian Retailer Flipkart
    The world's largest retailer by revenue, Walmart, doubled down on its India bet by increasing its stake in Flipkart, an Indian e-commerce player.  ( 18 min )
    Onsemi Shares Reach Record High on Demand for Auto and Industrial Chips
    Onsemi beat estimates on profit, sales, and guidance on increased demand for its automotive and industrial chips. Shares hit an all-time high on the news.  ( 16 min )
    Student Loan Borrowers Can Now Join SAVE Plan, With $0 Monthly Payments For Some
    Student loan borrowers facing the resumption of payments on federally-held loans in October can now apply for a new kind of repayment plan that offers lower monthly payments.  ( 18 min )
    SoFi Beats Estimates, Raises Outlook on Loan Volumes and Deposits
    Shares of SoFi Technologies skyrocketed as the online bank posted better-than-expected results on strong loan demand and deposits.  ( 17 min )
    Trucking Company Yellow Filing for Bankruptcy Amid Union Standoff and $1.3B Debt
    Cash-strapped, with $1.3 billion in debt due next year, trucking company Yellow is shuttering operations amid a union standoff.  ( 17 min )
    Prime Rate Definition
    The prime rate is the interest rate that commercial banks charge their most creditworthy customers.  ( 26 min )
    Bond Funds Dominate First-Half 2023 Global Investment Flows
    Bond funds dominated first-half 2023 global investment flows as investors reached for rising yields, while those same higher yields caused jitters that led to outflows in other asset classes.  ( 18 min )
    Federal Funds Rate: What It Is, How It's Determined, and Why It's Important
    The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one another overnight.  ( 26 min )
    What Real Gross Domestic Product (Real GDP) Is, How to Calculate It, vs. Nominal
    Real gross domestic product is an inflation-adjusted measure of the value of all goods and services produced in an economy.  ( 29 min )
    5 Things to Know Before Markets Open
    Shares of SoFi Networks surged ahead of its earnings report and trucking company Yellow shut down operations as it prepares for bankruptcy. Here’s what investors need to know today.  ( 17 min )
    Overlay Definition in Portfolio Management, Pros & Cons
    Overlay refers to an asset management style that uses software to harmonize an investor's separately managed accounts, preventing inefficiencies and ensuring strategies are implemented and coordinated correctly.  ( 19 min )
    Modular vs. Manufactured Home Insurance
    Homeowners insurance covers the home, your personal property, and liability claims. Find out if you need a special policy to insure a modular or manufactured home.  ( 23 min )
    Conditional Prepayment Rate (CPR): Definition and Calculation
    A conditional prepayment rate is an estimate of the percentage of a loan pool's principal that is likely to be paid off prematurely.  ( 20 min )
    What Is a Reservation of Rights Letter and How Does It Work?
    A reservation of rights letter is provided to the insured party indicating that a claim may not be covered under the policy.  ( 18 min )
    Looking to Go Short on China? Here's How
    How to take short positions on Chinese stocks using long and short exchange traded funds.  ( 18 min )
    Long-Term Care (LTC) Insurance: Definition, Costs, Alternatives
    Long-term care insurance coverage provides for the care of people over age 65 or with a chronic or disabling condition who need constant care.  ( 22 min )
    Free Cash Flow (FCF): Formula to Calculate and Interpret It
    Free cash flow (FCF) represents the cash a company can generate after accounting for capital expenditures needed to maintain or maximize its asset base.  ( 28 min )
    Collateralized Mortgage Obligation (CMO) vs. Mortgage-Backed Security (MBS): What's the Difference?
    Find out more about collateralized mortgage obligations and mortgage-backed securities and the difference between the two asset-backed securities.  ( 18 min )
    Voodoo Economics: Definition, History, Validation
    Voodoo economics is a popular phrase first used by then-presidential candidate George H.W. Bush to cast doubt on Ronald Reagan's economic policy proposals.  ( 21 min )
    3 ETFs That Replicate Buffett's Investment Strategy (MOAT, XLF)
    Discover three exchange-traded funds (ETFs) that investors seeking to emulate the investment strategies of Warren Buffett may wish to consider.  ( 19 min )
    How the Face Value of a Bond Differs From Its Price
    Discover how bonds are traded as investment securities and understand the various terms used in bond trading, including par value and market price.  ( 22 min )
    Yield to Maturity – YTM vs. Spot Rate. What's the Difference?
    A bond's yield to maturity is the total interest it will earn, while its spot rate is the price it is worth at any given time in the bond markets. Here's why a bond's spot rate fluctuates even though its interest rate is set.  ( 21 min )
    ETC vs. ETF: What's the Difference?
    An exchange traded commodity (ETC) could be colloquially used to refer to a commodity ETF, but an ETC is actually a product name for a specific type of security.  ( 22 min )
    The Difference Between the Sharpe Ratio and the Sortino Ratio
    Understand the differences between the Sharpe ratio and the Sortino ratio, two risk-adjusted returns on investment calculations, and when to use each one.  ( 19 min )
    Does CareCredit cover prescriptions?
    Discover what CareCredit can be used for, where it is accepted and how it differs from traditional credit cards in relation to health care.  ( 19 min )
    Operating Cash Flow vs. Net Operating Income: What’s the Difference?
    Net operating income and operating cash flow are different metrics used in measuring the financial viability of an investment or a company.  ( 18 min )
    Comparing ETF Gross vs. Net Expense Ratios
    If you're going to invest in ETFs, you should know the intricacies of expense ratios.  ( 21 min )
    Forbearance: Meaning, Who Qualifies, Examples and FAQs
    Forbearance is a form of repayment relief involving temporarily postponing loan payments, typically for home mortgages or student loans.  ( 27 min )
    What's the Difference Between the Equity Market and the Stock Market?
    Equity market and stock market are synonymous. They refer to the exchanges on which shares of public companies are bought and sold.  ( 21 min )
    How to Submit a Complaint to the CFPB
    When the employees you interact with at your bank, credit card company, mortgage lender, or other financial institution seem incapable of or unwilling to resolve your complaint, the Consumer Financial Protection Bureau's process may help you get a better result.  ( 21 min )
    Quarterly Income Debt Securities (QUIDS)
    QUIDS are tradable debt securities issued in small denominations with long securities and quarterly coupon payments.  ( 21 min )
    What to Do Before Marrying: Student Debt
    Advice for couples on the best ways to manage their student debt before and after they get married.  ( 24 min )
  • Open

    S&P 500 Gains and Losses Today: Oil Industry Stocks Advance as Oil Prices Climb
    The S&P 500 was little changed to start the week on Monday, July 31, 2023, edging 0.2% higher as oil stocks gained on the back of higher oil prices.  ( 1 min )
    Dow Jones Today: Index Higher For Second Straight Month
    The Dow closed July with a gain of 3%, moving up 100 points, or 0.28% on the session, as investors watch earnings and prepare for Friday’s job report.  ( 1 min )
    US Crude Inventories Post Steepest Decline Since October 2021
    Crude oil inventories at the Cushing, Oklahoma, hub fell by 2.9 million barrels in the week ended July 14, the steepest drawdown since October 2021.  ( 1 min )
    US Launches Its First Nuclear Reactor Built From Scratch in Decades
    The first nuclear reactor built from scratch in the U.S. in decades has entered operation at a power plant in Georgia, which could present opportunities for the nuclear industry and investors.  ( 1 min )
    Markets Rise at Midday, on Track for a Monthly Gain on Profits, Lower Inflation
    U.S. equities advanced at midday on Monday, July 31, 2023, heading for a winning month on strong earnings and easing inflation.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of SoFi Networks surged ahead of its earnings report and trucking company Yellow shut down operations as it prepares for bankruptcy. Here’s what investors need to know today.  ( 1 min )
  • Open

    Amazon Says Its Deliveries Were the Fastest Ever in the Second Quarter
    Amazon shares gained after reporting delivery times to its Prime members in the second quarter were the fastest ever.  ( 1 min )
    Tupperware Gets A Seat At The Meme Stock Table As Investor Interest Hots Up
    Even as some of the original meme stocks lose momentum, Tupperware is the newest member of the group with shares rising about 450% in just a month.  ( 1 min )
    J&J Leads Losses on the Dow After Court Rejects Bankruptcy Plans
    Johnson & Johnson shares dropped after a judge ruled against its plan to resolve talcum powder-related lawsuits.  ( 1 min )
    Disney Shares Climb as Two Former Execs Return to Advise on Company Strategy
    Disney shares gained as the entertainment giant reportedly brought back two former execs to advise CEO Bob Iger.  ( 1 min )
    Walmart Raises Stake in Indian Retailer Flipkart for $1.4 Billion
    The world's largest retailer by revenue, Walmart, doubled down on its India bet by increasing its stake in Flipkart, an Indian e-commerce player.  ( 1 min )
    Trucking Company Yellow Filing for Bankruptcy Amid Union Standoff and $1.3B Debt
    Cash-strapped, with $1.3 billion in debt due next year, trucking company Yellow is shuttering operations amid a union standoff.  ( 1 min )
  • Open

    Amerikaans bedrijf wil bod doen op fietsenfabrikant VanMoof
    Het Amerikaanse bedrijf Micromobility.com is van plan een bod uit te brengen op de fietsenfabrikant VanMoof. Het Amsterdamse bedrijf werd twee weken geleden failliet verklaard.  ( 3 min )
    Slecht weer zorgt voor drukte bij binnenspeeltuinen en andere indoorattracties
    Het is druk bij binnenspeeltuinen en andere indoorattracties. Door het slechte weer kiezen meer mensen voor een activiteit waarbij zij niet nat worden.  ( 3 min )
    Slecht weer zorgt voor drukte bij indoorattracties
    Het is druk bij binnenspeeltuinen en andere indoorattracties. Door het slechte weer kiezen meer mensen voor een activiteit waarbij zij niet nat worden.  ( 3 min )
    Modehuis Pierre Cardin overtrad regels en dreigt boete te krijgen
    Pierre Cardin dreigt een forse boete te krijgen. Volgens de Europese Commissie heeft het Franse modehuis concurrentieregels geschonden door het merk alleen te verkopen aan specifieke EU-landen en klanten.  ( 3 min )
    Klant kiest vaker voor huismerk en prijsvechters nu boodschappen duur blijven
    De prijzen van onze boodschappen blijven ook de komende maanden op een hoog niveau. Consumenten gaan daardoor steeds creatiever inkopen doen. Ze kiezen vaker voor huismerken en kopen hun producten bij discounters of andere prijsvechters.  ( 5 min )
    Voedselprijzen houden inflatie hoog in eurolanden
    Voeding, producten en diensten in eurolanden zijn in juli gemiddeld 5,3 procent duurder dan een jaar eerder. Daarmee is het inflatiecijfer iets gezakt, maar blijft het nog op grote afstand van de gewenste 2 procent.  ( 4 min )
    Facebook moet data delen van anoniem profiel dat Nederlander verdacht maakt
    Facebook-eigenaar Meta moet gegevens van een anonieme Facebook-gebruiker overhandigen aan een man die door deze persoon beschuldigd is van grensoverschrijdend gedrag. Dat oordeelde de rechtbank Den Haag in een kort geding dat de man tegen Meta aanspande.  ( 4 min )
    Economie in landen met de euro groeit weer
    De economie van de eurozone is in de maanden april, mei en juni gegroeid. Volgens het Europese statistiekbureau Eurostat groeide de economie 0,3 procent ten opzichte van een kwartaal eerder.  ( 3 min )
    NASA verliest contact met ruimtesonde Voyager 2 door foutje met de antenne
    Door een verkeerde afstelling heeft NASA geen contact meer met zijn ruim 45 jaar oude Voyager 2. Vanwege een foutje wijst de antenne van de ruimtesonde niet langer naar de aarde en komen gegevens niet aan.  ( 4 min )
    Volkswagen moet ook schade vergoeden bij tweedehandsje met sjoemelsoftware
    Volkswagen moet een schadevergoeding van 1.500 euro betalen aan een eigenaar van een tweedehands auto met sjoemelsoftware, oordeelde de rechter maandag. Het is voor het eerst dat het bedrijf moet betalen voor een tweedehands model.  ( 4 min )
    NU+ | Natuur, mens en landbouw samen: in Engeland lukt dat wel
    Heggen, eeuwenoude bomen, velden vol orchideeën en overal wandelpaden langs graanakkers en schapenweiden. In het natuurrijke landschap van Engeland wonen 434 inwoners per vierkante kilometer. Dat zijn er meer dan in Nederland. Kunnen we daar iets van leren?  ( 5 min )
    Britten verlenen meer dan honderd nieuwe olie- en gasvergunningen
    Het Verenigd Koninkrijk verleent meer dan honderd nieuwe olie- en gasvergunningen aan bedrijven voor de winning van brandstoffen in de Noordzee. De Britse regering wil op die manier energieonafhankelijker worden.  ( 2 min )
    Energie wordt opnieuw goedkoper, maar de boodschappen nog niet
    De inflatie komt deze maand uit op 4,6 procent. De prijzen stijgen gemiddeld minder hard dan in de maanden hiervoor, al is dat aan de kassa niet te merken.  ( 5 min )
    Heineken maakte minder winst ondanks duurdere biertjes
    Heineken heeft in de eerste helft van 2023 minder bier verkocht. Het bedrijf verhoogde de prijzen, maar kon daarmee een lagere winst niet voorkomen.  ( 3 min )
    Supermarkten draaien fors meer omzet terwijl we iets minder kopen
    De omzet van supermarkten was in juni 12 procent hoger dan een jaar eerder. Ze verkochten iets minder producten, maar door de prijsstijgingen kwam er toch meer geld binnen.  ( 3 min )
    Inflatie zwakt deze maand af, maar goedkopere boodschappen nog niet in zicht
    De inflatie komt deze maand uit op 4,6 procent. De prijzen stijgen gemiddeld minder hard dan in de maanden hiervoor, al is dat aan de kassa niet te merken.  ( 4 min )
    Bedrijven produceren minder en ze gaan vaker failliet: komt er een recessie?
    Diverse seinen voor de economie stonden de afgelopen tijd op rood. Het aantal faillissementen stijgt, bedrijven durven nauwelijks nog te lenen en ze maken steeds minder. Moeten we ons zorgen maken?  ( 4 min )

  • Open

    What Are Water Rights and How Do They Work?
    Water rights pertain to the legal rights of property owners to access and use bodies of water adjacent to lands they hold.  ( 19 min )
    Student Loan Debt: 2022 Statistics and Outlook
    Student loan debt reached $1.77 trillion in 2023 and the Supreme Court has taken steps to prevent it from being eliminated. Here's who owes what and why.  ( 26 min )
    Getting a Mortgage in Your 50s
    The financial considerations are different when you take out a mortgage in your 50s. Here's what you need to review as you calculate the pros and cons.  ( 24 min )
    Stellar Cryptocurrency Definition, History & Future
    Stellar, which shares similarities with Ripple, is a low-cost, open-source, distributed ledger platform.  ( 21 min )
    Dodd-Frank Act: What It Does, Major Components, Criticisms
    The Dodd-Frank Wall Street Reform and Consumer Protection Act is a series of federal regulations passed to prevent future financial crises.  ( 29 min )
    Can’t Pay Your Bills? Now What?
    Falling behind on bills can lead to financial headaches. Learn what options you may have if you’re unable to keep up with monthly bill payments.  ( 26 min )
    Air Cargo Insurance: What it Means, How it Works
    Air cargo insurance protects a buyer or seller of goods being transported through the air from damage, loss, and, in some cases, even shipment delays.  ( 22 min )
    What Is a War Exclusion Clause in an Insurance Contract?
    A war exclusion clause in an insurance policy excludes coverage for acts of war, such as invasions, revolutions, military coups, and terrorism.  ( 19 min )
    Pell Grant: What It Is, How It Works, and How to Get One
    A Pell Grant is a non-repayable federal subsidy awarded to students for post-secondary education, based on financial need.  ( 27 min )
    Which Companies Had the Most Student Loan Complaints in 2021?
    These companies had the most complaints about student loans reported to the Consumer Finance Protection Bureau. See which lender had the worst record.  ( 27 min )
    What Is XRP?
    XRP is the native cryptocurrency of XRP Ledger, an open-source, public blockchain.  ( 24 min )
    Can a 529 Plan Be Applied to a Student Loan?
    Read on to find out how 529 plans are eligible for use as a way to pay off a portion of your student loans.  ( 25 min )
    What Is the International Monetary Fund (IMF)?
    The International Monetary Fund (IMF) is an international organization that promotes global financial stability, encourages international trade, and reduces poverty.  ( 25 min )
    The Hierarchy of an Investment Bank
    Learn about the hierarchy of an investment bank, from the entry-level analyst to the power-wielding managing director, including salary information.  ( 25 min )
    What Are Centralized Cryptocurrency Exchanges?
    Most cryptocurrencies like bitcoin, XRP, and ether are traded via centralized exchanges. Here's how.  ( 22 min )
    How to Sell a Car
    If you have a car you no longer need and don't plan to trade it in, you may want to sell it yourself. But make sure you know your state's laws.  ( 20 min )
    Subsidized vs. Unsubsidized Student Loans: Which Is Best?
    Federal student loans can be subsidized or unsubsidized. Both types have to be paid back with interest, but the government makes some interest payments on subsidized loans.  ( 28 min )
    Self-Driving Cars Could Change the Auto Industry (GM, F)
    Driverless cars have piqued human interest for centuries. A true driverless car, however, has remained elusive until recently.  ( 25 min )
    What Is Student Loan Forgiveness?
    Student loan forgiveness is a release from having to repay the borrowed sum, in full or in part. It's currently limited to borrowers in certain public service fields.  ( 31 min )
    Difference In Conditions (DIC) Insurance: Definition and Examples
    Difference in conditions insurance provides expanded coverage for some perils that are not covered by standard insurance policies.  ( 18 min )
    Investing vs. Trading: What's the Difference?
    Investing refers to long-term buy-and-hold strategies that earn returns as the investment grows. Trading refers to the buying and selling of securities seeking short-term profit.  ( 24 min )
    5 Life Insurance Mistakes That You Should Avoid
    There are many reasons why it's important to have the right amount of life insurance. Don't let these simple errors leave you unprotected.  ( 26 min )
    Term vs. Universal Life Insurance: What's the Difference?
    Term life insurance and universal life insurance have different term lengths and costs to consider. Universal also has a cash value component, which term life does not.  ( 21 min )
    Ripple Definition
    Ripple is a blockchain-based digital payment network and protocol with its own cryptocurrency called XRP.  ( 23 min )
    Reproduction Cost: Meaning, Methods of Calculation
    Reproduction cost refers to the costs involved with reproducing an asset or property with same specifications as insured property based on current prices.  ( 18 min )
    Cedent: Overview and Examples in Insurance
    A cedent is a party in an insurance contract who passes the financial obligation for certain potential losses to the insurer.  ( 19 min )
    Inverse Head and Shoulders: What the Pattern Means in Trading
    An inverse head and shoulders, also called a head and shoulders bottom, is inverted with the head and shoulders top used to predict reversals in downtrends.  ( 22 min )
    Booming Demand Boosts Forecasts for Weight-Loss Drugs
    Morgan Stanley raised is global market forecast for weight-loss drugs sales by 43% to $77 billion annually by 2030—or almost $10 a year for every person on Earth.  ( 18 min )
    Kim Kardashian’s Skims Is Now Worth $4 Billion—Here’s Kim K’s Net Worth
    Kim Kardashian's Skims is now worth $4 billion. Kardashian owns a 35% stake in the shapewear brand, making up most of the reality star's $1.7 billion net worth.  ( 21 min )
    How Proof of Insurance Works and Why You Need It
    Most states require drivers to carry a certain amount of auto insurance and to be able to prove it if they’re pulled over by police or in an accident.  ( 20 min )
    Cost-Sharing Reductions (CSRs) Definition
    Cost-sharing reductions are a type of federal subsidy distributed as discounts that help reduce out-of-pocket costs for health care expenses.  ( 21 min )
    First-Time Homebuyer: Definition and Assistance Programs
    A first-time homebuyer may qualify for special benefits and even tax breaks. And the definition of a first-time homebuyer may surprise you.  ( 25 min )
    How To Buy SafeMoon Crypto
    Opening a crypto exchange account is an essential step in buying SafeMoon crypto. Learn what you need to open a crypto exchange account and how to do it.  ( 26 min )
  • Open

    Tesla's range-flation problem, Waymo reverses on self-driving trucks and Ford tweaks its EV playbook
    One other note, you can find me on TechCrunch's Equity podcast, a place where I will show up on a semi-regular basis, including this episode that came out Friday! The announcement runs contrary to what newly appointed CEO David Risher has told reporter Rebecca Bellan in past interviews. Risher, who is known as a big supporter of ebikes, did say the company planned to focus on its core ride-hailing business and become profitable, but it didn't seem like the two-wheeled share service was on the chopping block.  ( 10 min )
    Walmart Buys Tiger Global’s Flipkart Stake for $1.4 Billion: WSJ
    (Bloomberg) -- Walmart Inc. paid $1.4 billion to buy Tiger Global’s stake in Flipkart, the Wall Street Journal reported, citing a letter by the New York hedge fund to investors.Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardLots of US Homeowners Want to Move. They Just Have Nowhere to GoBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Si  ( 31 min )
    Walmart Buys Tiger Global’s Flipkart Stake for $1.4 Billion: WSJ
    (Bloomberg) -- Walmart Inc. paid $1.4 billion to buy Tiger Global’s stake in Flipkart, the Wall Street Journal reported, citing a letter by the New York hedge fund to investors.Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardLots of US Homeowners Want to Move. They Just Have Nowhere to GoBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Si  ( 7 min )
    Walmart buys out $1.4 billion Tiger Global stake in India's Flipkart - WSJ
    Walmart has paid $1.4 billion to buy out a large investor in Flipkart, further cementing its control of the Indian e-commerce giant, the Wall Street Journal reported on Sunday.  ( 30 min )
    Analysis-Commercial real estate investors, banks buckle up for perfect property storm
    Commercial real estate investors and lenders are slowly confronting an ugly question - if people never again shop in malls or work in offices the way they did before the pandemic, how safe are the fortunes they piled into bricks and mortar? Rising interest rates, stubborn inflation and squally economic conditions are familiar foes to seasoned commercial property buyers, who typically ride out storms waiting for rental demand to rally and the cost of borrowing to fall. With remote working now routine for many office-based firms and consumers habitually shopping online, cities like London, Los Angeles and New York are bloated with buildings local populations no longer want or need.  ( 32 min )
    Stocks Poised to Open Higher
    Economists expect to see a gain of 200,000 nonfarm payrolls in the Labor Department's July jobs report coming out Friday, following a 209,000 increase in June.  ( 26 min )
    Bitcoin Dips Below $29.2K After Curve Exploit but Continues Its Range-Bound Ways; ETH, SOL, MATIC Sink
    BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered an exploit.  ( 31 min )
    Trucking company Yellow has shut operations, to file for bankruptcy: Teamsters
    Cash-strapped U.S. trucking company Yellow Corp has ceased operations and is filing for bankruptcy after failing to reorganize and refinance over a billion dollars in debt, the Teamsters Union said on Sunday. Yellow, formerly called YRC Worldwide, did not immediately respond to a Reuters request for comment. Earlier this month Yellow averted a threatened strike by 22,000 Teamsters-represented workers and last week it said it was exploring opportunities to divest its third-party logistics company.  ( 6 min )
    Chinese Firms Are Seeking Korean Partners to Skirt US EV Rules
    (Bloomberg) -- Chinese firms are lining up to invest in South Korea’s battery industry because they want to use it as a gateway to the US market, undermining the Biden administration’s efforts to limit China’s involvement in the electric car supply chain. Most Read from BloombergStocks Are Doing So Well That It May Be Time to Start WorryingBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sen  ( 8 min )
    Yellow ceases operations
    Less-than-truckload carrier Yellow Corp. closed its gates at 12 p.m. Sunday. The post Yellow ceases operations appeared first on FreightWaves.  ( 30 min )
    Self-Driving Cars Could Change the Auto Industry (GM, F)
    Driverless cars have piqued human interest for centuries. A true driverless car, however, has remained elusive until recently.  ( 25 min )
    Believe it or not, consumer sentiment is improving
    In recent months, we’ve been watching excess savings shrink, consumer debt levels begin to normalize and job growth cool. These are developments that might not lead you to assume that consumer sentiment would be improving. But it is.  ( 13 min )
    Peter Thiel paid staff an extra $1,000 a month if they lived close to the office so they were more likely to work late, book says
    Michael Gibson, who worked for Thiel for five years, made the claim in his book "Paper Belt on Fire: The Fight for Progress in an Age of Ashes."  ( 7 min )
    The great Rolex recession is here: How the Fed crushed the luxury watch boom
    No content preview
    MI5 investigated attempted Chinese takeover of British satellite company
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    Potential climate disaster could hit the stock market, economist warns — Here are 2 stocks that fight for a greener future
    Stock markets have long moved to their own drummer, responding to forces that are sometimes quite different than what we expect. For investors, the key to success is to figure out just what force – or combination of forces – is going to impact the markets next. In a recent report from the UK-based Chatham House think tank, economy and finance program director Creon Butler points to climate change as the next market game-changer. In fact, Butler sees climate issues causing a sharp market correcti  ( 10 min )
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    How do I Split an Inherited IRA with My Sibling?
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    Rich Californians May Lose Access to This Profitable Tax Loophole
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    40% of Workers Forced Into Early Retirement: How to Stay Ahead of the Curve
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    Student loans: New loan servicers may complicate payment restart for borrowers
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    (Bloomberg) -- US stock market traders are almost completely fearless now, which has some strategists bracing for a possible selloff. Most Read from BloombergBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99The Pizza That’s Taking Over the USSpaceX Falcon Heavy Rocket Deploys Massive SatelliteThe S&P 500 Index has gained 19% this year, pushing investors off the sidel  ( 33 min )
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    As Generative AI Reshapes the Workforce, These Companies May Be Most Affected
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    The Mining World Turns to Saudi Cash for Critical Metal Supply
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    Apple, Amazon, Starbucks to Report in Packed Earnings Week
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    Everyday Investors Are Thriving in a World Awash in Yield
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    TipRanks ‘Perfect 10’ List: These 2 Tech Titans Could Reach New Highs
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    Britain tests ‘the kindness of strangers’ as gilts lose their lustre
    It was a dire warning. Chancellor Kwasi Kwarteng was told in no uncertain terms last September that his financial war chest was evaporating.  ( 33 min )
    Saudi Arabia's Ma'aden to acquire 10% of Brazil base metals firm - statement
    Saudi Arabian Mining Company, known as Ma'aden, has agreed to acquire a 10% stake in Brazil's base metals company Vale, it said in a bourse statement on Sunday, as part of a strategy to invest in global mining assets. Ma'aden, through Manara, its joint venture established with the Public Investment Fund, on Thursday signed a binding agreement to acquire the 10% stake in Vale Base Metals, based on an enterprise value of $26 billion. "Manara’s investment into Vale will play a key role in helping it expand the production of copper and nickel across its asset portfolio, which are critical to the development of new technologies that will benefit the global energy transition," the company statement said.  ( 30 min )
    Tesla's India moves - and dashboard manipulation allegations: This week in EVs
    Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla is knocking on India’s door; Stellantis and rivals come together to challenge Tesla's charging-standard dominance; and an electrifying alliance between Volkswagen and Xpeng.  ( 8 min )
    China-Founded Rivals Ramp Up War for American Shoppers
    Online sellers Shein and Temu are fighting in U.S. courts, alleging dirty tricks as they duel for workers and suppliers back in China.  ( 25 min )
  • Open

    NU+ | 'Brug van zonnepanelen' laat veel meer daken energie opwekken
    In de serie Koplopers bezoekt NU.nl deze zomer duurzame projecten die ons een kijkje in de toekomst van energie, voedsel en bouw geven. Deze week: een montagesysteem dat het mogelijk maakt om zonnepanelen op veel meer daken te krijgen.  ( 5 min )
    NU+ | Koplopers: 'Brug van zonnepanelen' laat veel meer daken energie opwekken
    In de serie Koplopers bezoekt NU.nl deze zomer duurzame projecten die ons een kijkje in de toekomst van energie, voedsel en bouw geven. Deze week: een montagesysteem dat het mogelijk maakt om zonnepanelen op veel meer daken te krijgen.  ( 5 min )
    Israël investeert miljarden in uitbreiding spoornetwerk
    Israël gaat 24,5 miljard euro investeren in uitbreiding van het spoornetwerk. Dat maakte de Israëlische premier Benjamin Netanyahu zondag bekend.  ( 3 min )
    NU+ | Let op je pinpas en creditcard op vakantie: zo betaal je niet te veel
    Pinnen in vreemde valuta, geld opnemen met je creditcard of een gang naar het wisselkantoor kunnen meer geld kosten dan nodig. Tenzij je goed oplet. Pin dus niet direct naast het Louvre en let op waarvoor je je creditcard gebruikt.  ( 4 min )
    Frankrijk wil betere toegang tot Chinese markt
    Frankrijk wil een betere toegang tot de Chinese markt en ook een "evenwichtigere" handelsrelatie met het land. Dat heeft de Franse minister van Financiën Bruno Le Maire gezegd na gesprekken met hoge Chinese functionarissen, onder wie vicepremier He Lifeng.  ( 4 min )
    Oekraïne denkt genoeg energie te hebben om huizen te verwarmen in winter
    Oekraïne heeft komende winter voldoende energie om woningen te verwarmen en de lichten te laten branden, ondanks de zware Russische aanvallen op belangrijke energie-infrastructuur in het land. Dat heeft de Oekraïense energieminister German Galjoesjenko gezegd in een interview.  ( 3 min )
    Bruiloft in kleine kring maakt opmars: 'oom Jan en tante Truus' niet langer welkom
    Bruiloften met tweehonderd gasten zijn niet langer de norm, zien weddingplanners. Bruidsparen kiezen er steeds vaker voor om verre familieleden en kennissen thuis te laten. Geld is niet het voornaamste motief.  ( 4 min )
  • Open

    Booming Demand Boosts Forecasts for Weight-Loss Drugs
    Morgan Stanley raised is global market forecast for weight-loss drugs sales by 43% to $77 billion annually by 2030—or almost $10 a year for every person on Earth.  ( 1 min )

  • Open

    Tupperware might just be the latest meme stock after its shares tripled in a week
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    Cryptocurrency Futures Defined and How They Work on Exchanges
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    Bitcoin vs. Ripple Labs: What's the Difference?
    Here are the key differences between Bitcoin and Ripple's XRP, both popular decentralized cryptocurrency systems.  ( 23 min )
    Twitter rebrands to 'X,' hackers infect Call of Duty, and foreign visitors to China go cashless
    Hey, friends, welcome to Week in Review (WiR), TechCrunch’s roundup of the week in tech news. This week, WiR covers the improving quality of AI porn generators and the ethical dilemmas they raise; Twitter rebranding to "X"; and hackers infecting Call of Duty with self-spreading malware. Elsewhere, we dive into a North Korean hacking group, foreign Chinese visitors' newfound ability to go cashless, and the rollout of Sam Altman's Worldcoin eyeball-scanning crypto project.  ( 9 min )
    US Economy Set to Show Resilience With Jobs Data
    (Bloomberg) -- Hiring in the US probably increased at a healthy yet more moderate clip this month, representing a vote of confidence about the demand outlook after a solid first half of the year.Most Read from BloombergBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99The Pizza That’s Taking Over the USSpaceX Falcon Heavy Rocket Deploys Massive SatelliteThe closely wa  ( 34 min )
    New Risks Shadow Bond Market as Fed’s Rate-Hike Cycle Nears End
    (Bloomberg) -- Bets on a bond-market rally aren’t in the clear just yet.Most Read from BloombergBodegas Put on Notice as Visa Fights Back on Card SurchargesThe Pizza That’s Taking Over the USBurning Ship’s Operator Says Almost 500 EVs Are on BoardSpaceX Falcon Heavy Rocket Deploys Massive SatelliteStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99Federal Reserve Chair Jerome Powell on Wednesday appeared to give traders the positive signal they’ve been waiting for — that the central  ( 33 min )
    Banking turmoil arrives in small-town USA with Heartland Tri-State failure
    A four-branch bank in southwestern Kansas became the fourth bank to be seized by regulators so far this year and the fifth to fold.  ( 7 min )
    The Fall of a Trucking Giant: Why Yellow Is on the Verge of Collapse
    One of the oldest and biggest U.S. trucking businesses has been wrecked by a string of mergers that left it saddled with debt and has been stalled by a standoff with the Teamsters union.  ( 27 min )
    Wall Street Braces for the Great Loan Tightening: Credit Weekly
    (Bloomberg) -- The great credit tightening is finally approaching on both sides of the Atlantic, if the latest surveys of bankers are anything to go by. Most Read from BloombergThe Pizza That’s Taking Over the USSpaceX Falcon Heavy Rocket Deploys Massive SatelliteChina’s Push to Expand BRICS Membership FaltersBodegas Put on Notice as Visa Fights Back on Card SurchargesTraders Are Risking It All on Bets That Market Boom Will LastAfter delivering a fresh interest-rate hike Wednesday, Federal Reser  ( 33 min )
    The Dow's latest winning streak is bad news for stocks - and a recession might be underway, top economist David Rosenberg says
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    GE stock surge shows it's possible to turn around a legacy company
    GE's stock is hitting 52-week highs, as it advances in its multi-year turnaround plan.  ( 10 min )
    Exodus from Canary Wharf leaves it at its emptiest for 18 years
    Canary Wharf is at its emptiest since 2005, according to new analysis, compounding fears over the future of the financial district as big names continue to abandon their offices.  ( 31 min )
    Amazon and Microsoft claim investment in UK at risk over anti-monopoly moves
    Amazon and Microsoft have warned that their investment in Britain is threatened by moves to loosen their stranglehold on the £15bn cloud computing market, in the latest escalation of tensions between regulators and Big Tech.  ( 8 min )
    Stocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99
    (Bloomberg) -- All the chatter back in December was that 2023 was to be the “year of the bond.” And for a brief moment or two in the winter, that call — and the economic doom-and-gloom that underpinned it — looked right.Most Read from BloombergBodegas Put on Notice as Visa Fights Back on Card SurchargesThe Pizza That’s Taking Over the USBurning Ship’s Operator Says Almost 500 EVs Are on BoardSpaceX Falcon Heavy Rocket Deploys Massive SatelliteChina’s Push to Expand BRICS Membership FaltersIt is  ( 32 min )
    AI Stock Marvell And Eli Lilly Lead 5 Names Near Buy Points As S&P 500 Rallies On
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    Bodegas Put on Notice as Visa Fights Back on Card Surcharges
    (Bloomberg) -- The world’s largest payment network is making changes to how it deals with merchants who want to charge customers extra when paying with a credit card.Most Read from BloombergThe Pizza That’s Taking Over the USLargest US Grid Declares Emergency Alert For July 27China’s Push to Expand BRICS Membership FaltersTraders Are Risking It All on Bets That Market Boom Will LastSpaceX Falcon Heavy Rocket Deploys Massive SatelliteIn recent months, Visa Inc. lowered the maximum amount retailer  ( 9 min )
    How to Use Tax Lots to Pay Less Tax
    This method of identifying the cost basis of the stocks you buy and sell can help you pay less in capital gains taxes.  ( 23 min )
    S&P 500 Profits Get a Lift From the Crack in King Dollar’s Reign
    (Bloomberg) -- With the Federal Reserve nearing the end of its most disruptive monetary-tightening campaign in a generation, a softening US dollar is poised to boost profit growth for nearly half of the companies in the S&P 500 Index over the next year. Most Read from BloombergBurning Ship’s Operator Says Almost 500 EVs Are on BoardBodegas Put on Notice as Visa Fights Back on Card SurchargesThe Pizza That’s Taking Over the USStocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99SpaceX  ( 33 min )
    BlackRock Clashes With Hedge-Fund Giant Over Control of Funds
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    Semiconductor Industry Finding Too Few Workers to Boost U.S. Manufacturing
    A new study shows more than half of the 115,000 new semiconductor manufacturing jobs created this decade could go unfilled.  ( 19 min )
    $3 Million Will Last You This Long if You Retire at 65
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    How You Could Boost Your 401(k) By 8% Right Now
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    Almost a Quarter of Americans Bomb This Financial Quiz. Can You Do Better?
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    What Will Happen to My 401(k) If I Die Without a Beneficiary?
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    Could This Type of Portfolio Help You Retire With 20% More Money Than Index Funds?
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    How Much Money Can I Gift Without Owing Taxes?
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    Is My 401(k) Retirement Savings on Track For My Age?
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    Help! I Got a Private Letter Ruling (PLR) From the IRS. What Happens Next?
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    Ready or not: Generation X faces bleak retirement horizon
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    How to Make the Most Out of Investing Large Sums of Money
    Fact-Checked by: Jeff White | Edited by: Mike Obel The prospect of investing a large sum of money can be both exhilarating and daunting. With the right approach, there’s a potential for significant wealth growth, but there’s also inherent risk involved. The importance of sound asset diversification and risk management can’t be overstated. They can […] The post How to Invest Large Sums of Money appeared first on SmartReads by SmartAsset.  ( 8 min )
    4 Simple Steps to Buy Land & Build Your Dream Home
    Many people dream of owning a chunk of land and putting their dream house on it. Maybe you fantasize about pulling out all the stops and designing a home with every feature you've ever wanted. Well, to make that dream, … Continue reading → The post How to Buy Land and Build Your Dream House appeared first on SmartAsset Blog.  ( 33 min )
    Do You Make Enough to be Middle Class in These American Cities?
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    BlackRock, Worldcoin, Ripple: Bitcoin Bull Mike Novogratz Dishes on Crypto
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    Maker of Iconic Martin Guitars Competes With Fulfillment Centers for Workers
    C.F. Martin & Co. in Pennsylvania, established nearly 200 years ago, is adjusting to a changing economy.  ( 22 min )
    Earnings Beat of the Week: Mattel Reports Surprise Profit Amid Barbie Box Office Hit
    Toy company Mattel, the maker of Barbie dolls, reported a surprise profit in the second quarter, as the success and promotional impact of the box office hit Barbie offset lower toy sales.  ( 19 min )
    UPS Workers' Strike Could Spell $7.1 Billion Disaster For US Economy — Consumers Can Expect Supply Chain Delays And Higher Shipping Costs
    The U.S. is on the verge of facing significant challenges as negotiations between UPS workers and the parcel courier's management remain unresolved. If an agreement isn't reached, approximately 340,000 employees could go on strike next month, resulting in widespread consequences for the nation. The last UPS strike in 1997 had far-reaching effects. With the company's operations slowing to a near standstill, other shipping carriers like FedEx Corp. and the U.S. Postal Service struggled to manage t  ( 31 min )
    How Bond Funds Have Fared During the Fed’s Rate Hikes
    Passive bond funds have beaten active managers since the U.S. central bank started tightening interest rates.  ( 25 min )
    ServiceNow Goes for AI Bonus Round
    The cloud software provider has kept sales growth strong, setting up a big AI upsell.  ( 25 min )
    Banks are still losing deposits. Just not the banks you might expect.
    The banks with sizable deposit declines in the second quarter were some of the biggest lenders in the industry.  ( 10 min )
    Is Meta Stock Still A Buy After Facebook Parent Surges On Earnings, Outlook?
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    Twitter Is Now 'X': How Other Rebrands Have Succeeded
    Some companies thrived after changing their name, but other's quickly made a U-turn when the response went sour. Questions remain if Twitter's renaming to X will succeed.  ( 20 min )
    Elon Musk’s Latest Mission: Rev Up the Electricity Industry
    “My biggest concern is that there’s insufficient urgency,” the billionaire tells energy executives.  ( 26 min )
    Europe Faces ‘Difficult Decade’ Against US, China, Port CEO Says
    (Bloomberg) -- Europe’s car and chemical makers are at risk of losing competitiveness to China and the US as both industries face persistently high energy costs during the transition to cleaner fuels, according to the head of one of the continent’s leading ports.Most Read from BloombergLargest US Grid Declares Emergency Alert For July 27The Pizza That’s Taking Over the USChina’s Push to Expand BRICS Membership FaltersClear Led a Flyer Carrying Ammo Under a False Name to TSA, Sparking ProbeSubway  ( 6 min )
    Exxon and Chevron Signal They Are Still Shopping for Deals
    Though earnings dipped last quarter, oil giants together added $14 billion in profits to their cash piles and are hunting for potential acquisitions.  ( 26 min )
    Gas prices in the US just spiked to their highest mark since November
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    Billionaire Mark Mobius says he's so bullish on emerging markets that all his money is outside the US
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    How Russia's war has reshaped Ukraine's economy
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    With Hurricane Season Looming, Florida Faces an Insurance Meltdown
    Florida has long had hurricanes. But climate change is kicking in, the population of the state is growing, and private insurers are leaving the state. The result: skyrocketing premiums and costly litigation.  ( 26 min )
  • Open

    Cryptocurrency Futures Defined and How They Work on Exchanges
    Cryptocurrency futures are futures contracts that allow investors to place bets on a cryptocurrency's future price without owning the cryptocurrency.  ( 25 min )
    What Is an Act of God? With Examples, Insurance Coverage
    An act of God is a phrase used to describe an event outside of human control, such as a natural disaster.  ( 21 min )
    Who Are the Key Players in the Bond Market?
    The bond market can be broken down into three main groups: issuers, underwriters, and purchasers. Learn what each set of players is responsible for.  ( 22 min )
    Bitcoin vs. Ripple Labs: What's the Difference?
    Here are the key differences between Bitcoin and Ripple's XRP, both popular decentralized cryptocurrency systems.  ( 23 min )
    What Is a Cost-of-Living Adjustment (COLA), and How Does It Work?
    A cost-of-living adjustment (COLA) is made to Social Security and Supplemental Security Income to adjust benefits to counteract the effects of inflation.  ( 24 min )
    What causes dividends per share to increase?
    Learn what the major factors are that can lead to changes in a company's dividend payouts and drive increases in dividends per share.  ( 21 min )
    Lien vs. Encumbrance: What's the Difference?
    A lien is an encumbrance, but not all encumbrances are liens. Learn about the distinction between these two property rights.  ( 19 min )
    Issue-Age Policy Definition
    Issue-age policy refers to healthcare insurance whose premium rate is dependent on the age of the individual who purchases it.  ( 22 min )
    Digging Into the Dividend Discount Model
    The dividend discount model (DDM) is only as good as your assumptions make it. Learn how this model can work for you in valuing stocks.  ( 22 min )
    How Certificate of Deposit (CD) Maturities Work
    When a CD reaches its maturity date, you have a few options. In this guide, we'll take you through them.  ( 22 min )
    What Is a Bank Run? Definition, Examples, and How It Works
    A bank run is when many customers withdraw their deposits simultaneously over concerns about the bank's solvency. Learn what governments do to try to prevent bank runs.  ( 27 min )
    Certificates of Deposit (CDs) vs. Savings Accounts
    Certificates of deposit (CDs) and savings accounts are two ways to earn interest on your savings. Here's how to decide which is right for you.  ( 24 min )
    Holding Company: What It Is, Advantages and Disadvantages
    A holding company is a company that owns other companies and oversees their operations but exists solely to operate those subsidiaries.  ( 25 min )
    Mortgage Servicing Rights (MSR) Meaning, Example, History
    Mortgage servicing rights (MSR) allow a third party to purchase rights to service their mortgages.  ( 21 min )
    How the Blockchain ETF Works
    How blockchain ETFs work and the risks associated with such theme-based investments.  ( 21 min )
    How to Use Tax Lots to Pay Less Tax
    This method of identifying the cost basis of the stocks you buy and sell can help you pay less in capital gains taxes.  ( 23 min )
    Semiconductor Industry Finding Too Few Workers to Boost U.S. Manufacturing
    A new study shows more than half of the 115,000 new semiconductor manufacturing jobs created this decade could go unfilled.  ( 19 min )
    Earnings Beat of the Week: Mattel Reports Surprise Profit Amid Barbie Box Office Hit
    Toy company Mattel, the maker of Barbie dolls, reported a surprise profit in the second quarter, as the success and promotional impact of the box office hit Barbie offset lower toy sales.  ( 18 min )
    1 in 4 Workers Are Currently Looking for a New Job
    Employers looking for the best talent must be efficient and open to negotiating, according to Robert Half survey results.  ( 17 min )
    SEC Form 10: Definition, Uses, Components, and How It's Filed
    SEC Form 10 is a filing with the SEC used to register a class of securities in preparation for potential trading on U.S. exchanges.  ( 21 min )
    What Is a Vendor (or Seller) Take-Back Mortgage?
    A vendor take-back mortgage is when the buyer borrows funds from the seller to help finance the purchase of the property.  ( 20 min )
    Twitter Is Now 'X': How Other Rebrands Have Succeeded
    Some companies thrived after changing their name, but other's quickly made a U-turn when the response went sour. Questions remain if Twitter's renaming to X will succeed.  ( 20 min )
    Why Are Most Bonds Traded on the Secondary Market "Over the Counter"?
    Unlike stocks, most bonds are traded over the counter (OTC) in secondary market rather than through exchanges due to their diversity and difficulty in listing current prices.  ( 21 min )
    What Were the Original Dow Jones Industrial Average (DJIA) Companies?
    The Dow Jones Industrial Average (DJIA) aims to reflect the stock market by tracking the titans of U.S. industry. What did that mean in 1896?  ( 19 min )
  • Open

    Earnings Beat of the Week: Mattel Reports Surprise Profit Amid Barbie Box Office Hit
    Toy company Mattel, the maker of Barbie dolls, reported a surprise profit in the second quarter, as the success and promotional impact of the box office hit Barbie offset lower toy sales.  ( 1 min )
  • Open

    Rechter blokkeert opnieuw megaschikking in babypoederschandaal
    Farmaceut Johnson & Johnson mag een faillissementszaak niet gebruiken om tienduizenden mensen onder druk te zetten om een schikking van omgerekend 8 miljard euro te accepteren. Dat heeft een Amerikaanse rechter bepaald.  ( 4 min )
    Adidas verkoopt opnieuw deel van overtollige Yeezy-voorraad
    Adidas gaat opnieuw een deel van de spullen die voortkwamen uit de samenwerking met Ye verkopen. Die samenwerking werd verbroken na antisemitische uitlatingen van de rapper.  ( 3 min )
    Adidas verkoopt opnieuw een deel van overtollige Yeezy-voorraad
    Adidas gaat opnieuw een deel van de spullen verkopen die voortkwamen uit de samenwerking met Kanye West. Die samenwerking werd verbroken na antisemitische uitlatingen van de rapper, die inmiddels door het leven gaat als Ye.  ( 3 min )
    EU zet hulp aan Niger stop na coup en erkent generaal niet als leider van land
    De Europese Unie heeft de financiële hulp aan Niger stopgezet vanwege de militaire staatsgreep in het land. Een generaal wierp zich vrijdag op als de nieuwe leider van het land.  ( 4 min )
    IMF sluit deal met Argentinië over bijna 7 miljard euro aan steun
    Het Internationaal Monetair Fonds gaat Argentinië omgerekend zo'n 6,8 miljard euro lenen. Dat geld is bedoeld om het noodlijdende land economisch gezien op de been te houden nu Argentinië in de aanloop naar de verkiezingen waarschijnlijk weer een turbulente periode tegemoetgaat.  ( 4 min )
    Campings in en rond Zandvoort maand voor Grand Prix nog niet volgeboekt
    Formule 1-fans zijn nog niet te laat als ze nog een overnachting in Zandvoort willen boeken voor tijdens het raceweekend van over minder dan een maand. Verschillende campings en vakantieparken hebben in het laatste weekend van augustus nog plek.  ( 4 min )
    Campings in en rond Zandvoort maand voor race nog niet volgeboekt
    Formule 1-fans zijn niet te laat om een overnachting te boeken tijdens het raceweekend over minder dan een maand in Zandvoort. Verschillende campings en vakantieparken hebben in het laatste weekend van augustus nog plek.  ( 4 min )
  • Open

    Twitter Is Now 'X': How Other Rebrands Have Succeeded
    Some companies thrived after changing their name, but other's quickly made a U-turn when the response went sour. Questions remain if Twitter's renaming to X will succeed.  ( 1 min )

  • Open

    The extreme bubble in stocks 'will end in tears' with the S&P 500 plunging 64%, a long-time bear who called the 2000, 2008 crashes has warned. Here are his 6 best quotes.
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    Yellow Lays Off a Swath of Its Workforce, Winds Down Operations
    The debt-laden freight carrier dismissed parts of its sales force, business staff and IT workers as it prepares a bankruptcy filing.  ( 26 min )
    Johnson & Johnson’s Second Talc Bankruptcy Case Thrown Out
    A New Jersey bankruptcy judge threw out the second chapter 11 case that Johnson & Johnson filed to resolve its mass talc liabilities, again shutting down the healthcare-product company’s plan to achieve an $8.9 billion settlement.  ( 29 min )
    Alphabet, Meta Platforms, and Boeing Stock Could Climb
    Analysts weigh in on Alphabet, Meta Platforms, Sherwin-Williams, Boeing, RTX Corp., and FS KKR Capital.  ( 26 min )
    'Rich Dad Poor Dad' author Robert Kiyosaki says there's one event looming in coming weeks that will accelerate de-dollarization of the global economy
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    Investing in Liberty Stock Is Tricky. Do It Anyway.
    The Liberty Media cluster of companies is dauntingly complicated for investors. Now may be the right time to get in.  ( 25 min )
    Stock Market Action Plan: Apple, Amazon And An Upturn In Optimism
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    Hopes of 'Goldilocks' economy, rate peak buoy US stocks
    A resilient U.S. economy and expectations of a nearing peak in the Federal Reserve’s monetary policy tightening cycle are emboldening stock investors, even as worries persist over rising valuations and the potential for inflation to rebound. The S&P 500 is up nearly 19% this year after gaining around 1% in the past week. One key factor driving stocks higher has been the view that the economy is moving towards a so-called Goldilocks scenario of ebbing consumer prices and strong growth that many believe is a healthy backdrop for stocks.  ( 8 min )
    The US bond market is on the verge of a major breakdown - and that will send mortgage rates to levels unseen since 2000 and fuel more banking trouble, economist says
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    Palantir has built an 'AI fortress that is unmatched' and the stock is set to soar 54% as new industrial revolution begins, Wedbush says
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    Judge refuses to dismiss lawsuit against Disney’s efforts to neutralize governing district takeover
    A judge in Florida on Friday refused to dismiss a lawsuit brought by Gov. Ron DeSantis appointees against Disney’s efforts to neutralize the governor's takeover of Disney World’s governing district. The judge in state court in Orlando denied Disney's motion in the lawsuit that says the company wrongly stripped appointees of powers over design and construction at Disney World when it made agreements with predecessors, who were supporters. The case is one of two lawsuits stemming from the takeover, which was retaliation for the company’s public opposition to the so-called Don’t Say Gay legislation championed by DeSantis and Republican lawmakers.  ( 7 min )
    Dow Jones Futures: Market Rally Powers Higher; Apple, Tesla Lead 10 Stocks To Watch
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    Container shipping giant CMA CGM still earning over billion a quarter
    Because container liner profits plummeted off an extraordinarily high peak, some carriers are still posting hefty profits despite huge declines. The post Container shipping giant CMA CGM still earning over billion a quarter appeared first on FreightWaves.  ( 32 min )
    Gas Tycoon’s Aspen Ranch Hits Bankruptcy as Lender Feud Rages
    (Bloomberg) -- Natural gas tycoon Charif Souki has put his sprawling Colorado ranch into bankruptcy in order to repay lenders he alleges undermined earlier attempts to retire his personal debt and tanked the value of Tellurian Inc.Most Read from BloombergLargest US Grid Declares Emergency Alert For July 27The Pizza That’s Taking Over the USClear Led a Flyer Carrying Ammo Under a False Name to TSA, Sparking ProbeChina’s Push to Expand BRICS Membership FaltersSubway Offers Free Sandwiches That Com  ( 7 min )
    Small-Cap Stocks Have Struggled. Here Are 6 Whose Time Has Come.
    A pair of money managers offer some of their favorite small-cap stocks, from snack foods to bearings to airplane leasing. They’re relatively cheap and poised to outperform many of the large-caps.  ( 27 min )
    Top CDs Today: Another High-Rate Option
    See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )
    Five China Stocks Move Into Buy Zones
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    Why We Got Out Of ANET Stock Before It Got Worse
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    Is Apple Headed For A Blue-Sky Run? The iStock Trades In These Bullish Patterns Following Fed Call On Rates
    Apple, Inc (NASDAQ: AAPL) was rising about 1.6% on Friday, continuing to trek mostly north within a rising channel pattern, which Benzinga called out on July 19. The Cupertino, California-based company’s pattern is bullish, at least for the short-term. Apple is also trading in an inside bar pattern, indicating a period of consolidation, which is usually followed by a continuation move in the direction of the current trend. An inside bar pattern has more validity on larger time frames (four-hour  ( 8 min )
    NY Community Rises as Longtime Skeptic Turns Bullish on Bank Growth
    (Bloomberg) -- After more than a decade, New York Community Bancorp has finally won over JPMorgan analysts.Most Read from BloombergThe Pizza That’s Taking Over the USLargest US Grid Declares Emergency Alert For July 27China’s Push to Expand BRICS Membership FaltersClear Led a Flyer Carrying Ammo Under a False Name to TSA, Sparking ProbeSubway Offers Free Sandwiches That Come With a Lifetime CommitmentThis year the regional bank scooped up the failed Signature Bank’s deposits and lured six privat  ( 7 min )
    Traders Are Risking It All on Bets That Market Boom Will Last
    (Bloomberg) -- Industrial shares are on a tear, junk-bond spreads are narrowing, quants are ramping up Treasury shorts and everyone is piling into stocks.Most Read from BloombergLargest US Grid Declares Emergency Alert For July 27BOJ Sends Yields Soaring With Surprise Change to Rate LimitSubway Offers Free Sandwiches That Come With a Lifetime CommitmentChina’s Push to Expand BRICS Membership FaltersWall Street Rekindles Risk-On ‘Goldilocks’ Trade: Markets WrapWhat once was a posture of skepticis  ( 8 min )
    Stocks rally to end strong week as inflation keeps cooling: Stock market news today
    Stocks rose after another indicator showed inflation pressures continue to ease in the US.  ( 7 min )
    Ford Shares Fall on EV Warning, F-150 Recall
    Ford Motor Company shares tumbled as the carmaker warned that EV adoption is proving slower than anticipated, and hundreds of thousands of its popular F-150 trucks were recalled.  ( 18 min )
    Intel Will Suffer From ‘AI Cannibalization’ as Chip Spending Shifts to Nvidia
    The stock rallied on Friday in response to the chip maker's financial results but analysts foresee near-term pressures.  ( 26 min )
    Tesla, EV Stocks Rise as Ford Shares Retreat
    While shares of Ford were falling Friday, weighed down by downbeat news about its EV line, some other electric automakers were rising to finish the week. One was Tesla, shares of which were  ( 22 min )
    Crocs, Microsoft and 2 More Stocks to Buy After Earnings
    Market moves this week offer a chance for investors to scoop up some attractive names following selloffs.  ( 26 min )
    Analysts Just Upgraded These 3 Residential REITs
    Real estate investment trusts (REITs) have had their share of tough times since the beginning of 2022, but 2023 seems to be ushering in a more positive view by analysts, and July has seen a number of stock upgrades and increased price targets. Analysts are seeing better times ahead, assuming the Federal Reserve eases up on the severity and duration of interest rate hikes. Goldman Sachs' recent revision of recession odds from 25% to 20% over the next year is also augmenting the projections for RE  ( 33 min )
    3 REITs That Beat Analysts' Earnings Estimates This Week
    During earnings season, some investors must decide whether to await earnings reports before purchasing shares of stocks they've been monitoring, while others contemplate whether it's better to hold or sell the stocks they already own before the reports are released. One ironic thing about Wall Street's reaction to earnings is that sometimes whether a company beats or misses estimates holds more significance than whether the actual earnings — or funds from operations (FFO) for most real estate in  ( 32 min )
    Market Update: AMT, BA, CME, FLEX, MAT, PKG, SHW, SKX, TROW
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    Analyst Report: American Tower Corp.
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    Analyst Report: Boeing Co.
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    Analyst Report: CME Group Inc
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    Analyst Report: T. Rowe Price Group Inc.
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    Analyst Report: Flex Ltd
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    Growth Stock Leaders Near Buy Points As Earnings Season Unfolds
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    Market Update: AMT, BA, CME, FLEX, MAT, PKG, SHW, SKX, TROW
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    Trucking company Yellow Corp. is reportedly preparing for bankruptcy. Here's what you need to know
    After years of financial struggles, Yellow is reportedly preparing for bankruptcy and seeing customers leave in large numbers — heightening risk for future liquidation. While no official decision has been announced by the company, the prospect of bankruptcy has renewed attention around Yellow's ongoing negotiations with unionized workers, a $700 million pandemic-era loan from the government and other bills the trucker has racked up over time. Yellow, formerly known as YRC Worldwide Inc., is one of the nation's largest less-than-truckload carriers.  ( 8 min )
    Monthly Sector Review
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    Yellow is ceasing ‘regular operations’ on Friday
    Yellow is firing an unknown number of nonunion employees who work in sales, information technology and customer service. The post Yellow lays off portions of at least 3 major corporate teams appeared first on FreightWaves.  ( 7 min )
    Wall Street Hates Alcoa. Why That Could Be Good News for the Stock.
    Alcoa is out of favor on Wall Street, and it’s getting worse. The stock has slid right along with sentiment. Shares are down about 30% over the past 12 months, while the S&P 500 is up 13%.  ( 26 min )
    Top Dell Executive to Resign as Company Grapples With Slow Computer Sales
    (Bloomberg) -- Dell Technologies Inc. Co-Chief Operating Officer Chuck Whitten is resigning next month as the hardware giant grapples with a historic slowdown in computer demand.Most Read from BloombergLargest US Grid Declares Emergency Alert For July 27BOJ Sends Yields Soaring With Surprise Change to Rate LimitSubway Offers Free Sandwiches That Come With a Lifetime CommitmentChina’s Push to Expand BRICS Membership FaltersS&P 500 Up 1% as ‘Goldilocks’ Data Embolden Bulls: Markets Wrap“After disc  ( 7 min )
    Roku stock soars on Q2 earnings but ad headwinds loom, further challenged by strikes
    Roku stock soared double-digits on Friday on the heels of solid Q2 earnings but a "muted" TV ad market will challenge the company in the back half of the year.  ( 32 min )
    Palantir Stock Spikes After Analyst Says to Buy ‘The Messi of AI’
    Wedbush analyst Dan Ives picked up coverage of the company with an Outperform rating and a $25 target price.  ( 26 min )
    Apple Stock Defies Weak Sales, Anemic Earnings To Surge 49% In 2023
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    The 'lingering uncertainties' for Johnson & Johnson in talc legal fight
    A judge is expected to rule soon on whether J&J can use a controversial bankruptcy strategy to dispose of roughly 100,000 claims.  ( 10 min )
    Enphase Forecasts Weak Revenue as Demand Slumps. What Wall Street Is Saying.
    The stock was down by a double-digit percentage after the company said it would cut shipments to counter rising inventory in its sales channels.  ( 26 min )
    Block upgraded, Southwest downgraded: Wall Street's top analyst calls
    Block upgraded, Southwest downgraded: Wall Street's top analyst calls  ( 33 min )
    Solar Energy Cools As FSLR Stock Beats Hasty Retreat, Enphase Unravels
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    Stocks gain as PCE data shows inflation cooling: Stock market news today
    Stocks were setting up for a rebound on Friday after another indication inflation pressures continue to ease in the US.  ( 7 min )
    Biogen Announces $7.3 Billion Acquisition Of Reata Pharmaceuticals
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    Goldman Sachs Predicts up to 120% Rally for These 2 Stocks — Here’s Why They Have Solid Upside
    It’s no secret that the big gains in the stock market this year have been on account of only a select number of equities surging ahead – namely, the Mega Caps, and mostly ones with AI exposure. While that has raised concerns among market watchers that the rally is not really as strong as it appears and masks a more fragile market, Sharmin Mossavar-Rahmani, head of the investment strategy group at Goldman Sachs, disagrees with such a prognosis. In fact, Mossavar-Rahmani thinks that if history is  ( 10 min )
    Dow Jones Futures Rise, Techs Lead Market Rebound As Inflation Cools; 5 Earnings Winners
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    Stock futures gain as PCE data shows inflation cooling: Stock market news today
    Stocks were setting up for a rebound on Friday after another indication inflation pressures continue to ease in the US.  ( 7 min )
    The Disney Magic Will Return. It’s Time to Buy the Stock.
    A renewed focus on lower costs and doing what it does best could help Walt Disney stock recover from a long slump.  ( 44 min )
    US annual inflation slows in June, consumer spending solid
    U.S. annual inflation slowed considerably in June, likely pushing the Federal Reserve closer to ending its fastest interest rate hiking cycle since the 1980s. Inflation as measured by the personal consumption expenditures (PCE) price index increased 0.2% last month after edging up 0.1% in May, the Commerce Department said on Friday. The annual core PCE price index rose 4.6% in May.  ( 6 min )
    Will Biogen's Deal Splash Give Biotech a Lift?
    It’s a merger Friday, and that means payday for shareholders of Reata Pharmaceuticals. Shares of Reata, which specializes in developing drugs to treat rare neurologic diseases, are up 51% in premarket trading. Biogen announced it [plans to acquire Reata](https://www.wsj.com/articles/biogen-to-buy-r  ( 22 min )
    Procter & Gamble’s Earnings Beat Expectations. Price Hikes Helped.
    Procter & Gamble reports fiscal fourth-quarter earnings of $1.37 a share on revenue of $20.6 billon, beating Wall Street forecasts.  ( 26 min )
    P&G CEO: Inflation is coming down, and here's how we see it impacting profits
    P&G CEO Jon Moeller offers up a promising outlook on inflation in the U.S.  ( 8 min )
    Buy XPeng Stock, Says Analyst. It’s About VW.
    XPeng shares caught another upgrade following this week's announcement of a new partnership with Volkswagen. T  ( 26 min )
    Biogen to Buy Reata Pharmaceuticals in $7.3 Billion Deal
    The deal would bolster the biotech company’s portfolio of treatments for neuromuscular and rare diseases.  ( 24 min )
    Reata Stock Surges. Biogen Is Buying It for $7.3 Billion in Cash.
    Biogen will acquire Reata for $172.50 a share in cash, expanding its portfolio of neuromuscular disease treatments.  ( 26 min )
    Mark Zuckerberg Snatches Prized Bragging Right From Warren Buffett
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    How A Three-Weeks-Tight Pattern Recharged Nvidia's Big Run
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    Daily – Vickers Top Buyers & Sellers for 07/28/2023
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    Daily – Vickers Top Insider Picks for 07/28/2023
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    Procter & Gamble Beats Earnings Expectations as Prices Raised Again
    Procter & Gamble reports fiscal fourth-quarter earnings of $1.37 a share on revenue of $20.6 billon, beating Wall Street forecasts.  ( 26 min )
    Daily Spotlight: U.S. GDP Humming Along
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    Technical Assessment: Neutral in the Intermediate-Term
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    Market Digest: ABT, ADP, CNP, HOG, HON, LAZ, LRCX, MCD, SPGI
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    Analyst Report: Centerpoint Energy Inc.
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    Analyst Report: Honeywell International Inc
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    Analyst Report: Automatic Data Processing Inc.
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    Analyst Report: Harley-Davidson, Inc.
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    Analyst Report: S&P Global Inc
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    Analyst Report: Lazard Ltd.
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    Analyst Report: Lam Research Corp.
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    Exxon Profit Misses Estimates as Natural Gas, Refining Slip
    (Bloomberg) -- Exxon Mobil Corp. fell short of analysts’ expectations with a third straight drop in profit — the longest decline since the 2014-2016 oil-market crash — amid weaker natural gas prices and shrinking returns from fuel sales. Most Read from BloombergLargest US Grid Declares Emergency Alert For July 27Subway Offers Free Sandwiches That Come With a Lifetime CommitmentBOJ Sends Yields Soaring With Surprise Change to Rate LimitHawkish Tone in Japan Is All It Takes to Rattle Global Market  ( 9 min )
    Biogen to buy Reata for $6.5 billion to bulk up rare disease portfolio
    Biogen said it would buy biotech firm Reata Pharmaceuticals for roughly $6.5 billion to expand its presence in the rare disease drugs market. Biogen will pay $172.50 per share in cash, which represents a 58.9% premium to Reata's last closing price. It expects to finance the acquisition with cash on hand, supplemented by the issuance of term debt, Biogen said.  ( 6 min )
    Ford Stock Is Falling After Strong Results. EVs Are an Issue.
    The car maker reported earnings per share of 78 cents and an operating profit of $3.8 billion. Wall Street was looking for 54 cents and $3.2 billion, respectively.  ( 26 min )
    A conversation with Chase's Jamie Dimon on the current economic climate and competition in Louisville
    "I’m a long-term optimist, but we gotta face these issues," Jamie Dimon says in a wide-ranging interview with Louisville Business First.  ( 19 min )
    UPDATE 2-Exxon posts 56% profit slump, joins peers in energy price hit
    Exxon Mobil Corp on Friday reported a 56% slump in second-quarter profit, joining rivals hurt by a sharp drop in energy prices but delivering results in line with an earnings preview the oil major released earlier this month. Chevron Corp, Shell and TotalEnergies have reported profit falls of 48%, 56% and 49%, respectively. Yet excluding last year's record second quarter, Exxon posted its strongest result for the months of April to June in more than a decade, helped by cost cuts and the sale of less profitable assets.  ( 8 min )
    Five Retirement Savings Mistakes Can Shrink Your Nest Egg
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    P&G earnings beat Wall Street estimates amid steady demand, higher pricing
    Procter & Gamble Co beat analysts' estimates for quarterly sales on Friday, as the consumer goods giant benefited from multiple price hikes and resilient demand for its cleaning products, paper towels and other household products. The Tide detergent maker's fourth-quarter net sales rose to $20.55 billion, from $19.52 billion a year earlier. Analysts on average had expected $19.98 billion, according to IBES data from Refinitiv.  ( 6 min )
    P&G Earnings Show Its Pricing Power Endures
    Consumers were still paying more for premium brands including Tide, boosting quarterly sales even as volumes dropped.  ( 25 min )
    Stock futures gain with key PCE inflation data ahead: Stock market news today
    Stocks were setting up for a rebound on Friday, as investors prepared for the release of the Federal Reserve's favorite inflation measure and after a surprise Bank of Japan rate shift rattled markets.  ( 7 min )
    Enphase Energy slumps as lukewarm US demand weighs on revenue forecast
    Appetite for solar equipment has been tepid in the United States due to lukewarm demand in states such as Texas and Arizona where cheaper electricity prices make the economics of residential solar less attractive. Shares of rival SolarEdge Technologies Inc, which is expected to report results on August 1, slid 6.3%.  ( 7 min )
    Exxon posts 56% profit slump, joins peers in energy price hit
    Exxon Mobil Corp joined its rivals reporting a 56% slump in second quarter profit from a year ago, hurt by a drop in energy prices, in line with the midpoint of the company's earnings preview released earlier this month. Oil majors' profits fell sharply in the quarter from record levels a year earlier as oil and gas prices came off last year's highs that were driven by Russia's invasion of Ukraine. Profits at Chevron Corp, Shell and TotalEnergies shrank by 48%, 56%, 49% in the quarter, respectively.  ( 8 min )
    Wall Street futures rise ahead of inflation data; chip stocks rally
    The Dow snapped its longest winning streak since 1987 in the previous session as U.S. Treasury yields pressured stocks lower after news that the Bank of Japan will allow long-term interest rates to rise. On Friday, the Bank of Japan made its yield curve control policy more flexible and loosened its defense of a long-term interest rate cap, in moves seen by investors as a prelude to an eventual shift away from massive monetary stimulus. Chipmaker Intel on Thursday posted a surprise quarterly profit as a PC market slump started to ease, and forecast third-quarter earnings above Wall Street expectations, sending its shares up 7.1% in premarket trading.  ( 8 min )
    Intel Stock Rises After Earnings. How Analysts See It Matching Up to Nvidia, AMD.
    Intel stock climbed Friday after its revenue forecast beat expectations but there are still concerns about competition from Nvidia and AMD for data-center chips.  ( 26 min )
    What historically happens after stocks soar through July: Morning Brief
    A look at past years shows that hot starts like 2023 usually end well for investors.  ( 7 min )
    The Boring Route to Exciting Stock Returns is Set for a Comeback
    The investing factor behind Warren Buffett’s success is due for a strong run—or is it?  ( 25 min )
    These Stocks Are Moving the Most Today: Intel, Ford, Roku, Enphase, Sleep Number, Exxon, and More
    Intel reports a surprise second-quarter profit, Ford delays its electric-vehicle production goals, Roku posts a narrower-than-expected loss, and Enphase Energy's revenue forecast misses expectations.  ( 26 min )
    U.S. Stock Futures on the Rise Ahead of Inflation Data
    U.S. stock market futures were pointing to a positive open on Friday after the previous day’s falls, with investors looking forward to key inflation and employment cost data. Dow Jones Industrial Average futures were up 117 points, or 0.3%, early on Friday. The Dow snapped a 13-day winning streak o  ( 13 min )
    Reasons to Fall in Love With Municipal Bonds Right Now. How to Invest.
    Investors in a high tax bracket can lock in an effective after-tax yield of 5% to 7% in very safe securities.  ( 26 min )
    Atos shares plunge after costs from planned split deepen loss
    France's Atos raised its full-year organic revenue growth target on Friday, pointing to improving commercial traction and high demand, even as its half-year sales came slightly below expectations. The IT consultancy group expects its 2023 organic revenue to be in line with last year's or to rise by up to 2%, compared to its prior range of -1% to 1%. Its revenue for the six months through June was 5.5 billion euros ($6 billion), below the 5.57 billion euros expected by analysts polled by Refinitiv Eikon.  ( 6 min )
    BOJ Sends Yields Soaring With Surprise Change to Rate Ceiling
    (Bloomberg) -- The Bank of Japan jolted financial markets by loosening its grip on bond yields in Governor Kazuo Ueda’s first surprise move since taking the helm, a step that will likely spur talk of potential policy normalization to come. The yen whipsawed to give back some of its earlier sharp gains against the dollar.Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentLargest US Grid Declares Emergency Alert For July 27US 10-Year Yield Hits 4% as BOJ Worr  ( 8 min )
    The Disney Magic Will Return. It’s Time to Buy the Stock.
    A renewed focus on lower costs and doing what it does best could help Walt Disney stock recover from a long slump.  ( 44 min )
    Wells Fargo's firearm policies under Texas AG scrutiny
    The letter sent by Leslie Brock, chief of the AG's public finance division, to lawyers who work on bond deals in Texas said that officials are seeking to determine whether Wells Fargo has a practice or policy that "discriminates against a firearm entity or firearm trade association," Bloomberg News reported. "We have been cooperating with the Texas AG's Office and continue to affirm our standing letter that was provided to that office," the company said. The public finance division, which oversees most municipal bond offerings in Texas, will decide by Aug. 25 whether the bank is a "discriminating company," according to Bloomberg News.  ( 7 min )
    A top real estate economist just declared that the housing recession is over
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    Wharton professor Jeremy Siegel says Powell just delivered the best news for the stock market in over a year
    "He virtually came close to saying there's balanced risks out there," Siegel said of Powell.  ( 30 min )
    Yellow in Talks to Sell Its Logistics Business
    The troubled trucking company is seeking to raise cash and stave off a potential bankruptcy filing.  ( 25 min )
    Down More Than 40%: Analysts Say Buy These 2 Beaten-Down Stocks Before They Rebound
    Reverse psychology can be considered a desired quality in the stock market. It is only natural to gravitate toward the leaders in any field, and an investor’s urge to hop on the latest surging stock in search of those sweet gains is understandable. However, anyone familiar with the ins and outs of investing will repeatedly say that overused mantra: ‘buy low, sell high.’ In recognizing that low price, investors can turn to Wall Street’s pros for help. The analysts have been busy lately, picking o  ( 34 min )
    A $3 Trillion Threat to Global Financial Markets Looms in Japan
    (Bloomberg) -- (This story was originally published on March 29. Bank of Japan policymakers meet today, with investors speculating that they will loosen their tight grip on interest rates.)Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentLargest US Grid Declares Emergency Alert For July 27US 10-Year Yield Hits 4% as BOJ Worry Lifts Yen: Markets WrapFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreUS Growth Accelerates to 2.4% on Resilie  ( 35 min )
  • Open

    S&P 500 Gains and Losses Today: Stocks Jump as Inflation Cools
    U.S. equities rallied on Friday, July 28, 2023 after a report showing inflation cooled in June, and the S&P 500 rose 1%.  ( 1 min )
    Dow Jones Today: Index Rebounds on Slowing Inflation
    The Dow Jones recovered from yesterday’s selloff to gain 0.5% as investors hoped that slowing inflation would end Fed rate hikes.  ( 1 min )
    Markets Gain at Midday on More Signs Inflation is Easing
    Markets bounced back at midday on Friday, July 28, 2023 from yesterday's selloff and were heading for a winning week on the latest report showing inflation easing.  ( 1 min )
    5 Things to Know Before Markets Open
    Intel shares jumped after the chipmaker reported higher-than-expected revenue on strong PC sales and shares of Ford fell after the automaker revealed slow EV adoption in its earnings report. Here’s what investors need to know today.  ( 1 min )
  • Open

    Ford Shares Fall on EV Warning, F-150 Recall
    Ford Motor Company shares tumbled as the carmaker warned that EV adoption is proving slower than anticipated, and hundreds of thousands of its popular F-150 trucks were recalled.  ( 1 min )
    Biogen Buys Reata Pharmaceuticals, Expanding Its Lineup of Rare Disease Drugs
    Biogen said it was buying Reata Pharmaceuticals for $7.3 billion, expanding its rare disease treatment portfolio.  ( 1 min )
  • Open

    How Split-Dollar Life Insurance Works
    Understand how split-dollar life insurance plans between an employer and employee are designed and about their tax regulations.  ( 22 min )
    Subprime: Meaning, Global Financial Crisis, Example
    Subprime is a classification of borrowers with tarnished or limited credit histories. Subprime loans are perceived as riskier, so lenders charge higher interest rates on them.  ( 22 min )
    Dow Jones Today: Index Rebounds on Slowing Inflation
    The Dow Jones recovered from yesterday’s selloff to gain 0.5% as investors hoped that slowing inflation would end Fed rate hikes.  ( 17 min )
    The Bloomberg Terminal: Step By Step
    Bloomberg is synonymous with investment information. Its media outlet and software/hardware are used by most, if not all, professional money managers.  ( 21 min )
    Top CDs Today: Another High-Rate Option
    See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 18 min )
    The World's 10 Biggest Oil Exporters
    Discover the size of the global oil export market and its contribution to global GDP. Learn more about the biggest oil exporters in the world today.  ( 24 min )
    S&P 500 Gains and Losses Today: Stocks Jump as Inflation Cools
    U.S. equities rallied on Friday, July 28, 2023 after a report showing inflation cooled in June, and the S&P 500 rose 1%.  ( 17 min )
    Biogen Buys Reata Pharmaceuticals, Expanding Its Lineup of Rare Disease Drugs
    Biogen said it was buying Reata Pharmaceuticals for $7.3 billion, expanding its rare disease treatment portfolio.  ( 16 min )
    Ford Shares Fall on EV Warning, F-150 Recall
    Ford Motor Company shares tumbled as the carmaker warned that EV adoption is proving slower than anticipated, and hundreds of thousands of its popular F-150 trucks were recalled.  ( 17 min )
    Silver Thursday: How Two Wealthy Traders Cornered the Market
    Find out how the largest speculative attempt to corner the market went awry.  ( 20 min )
    ETF Market Price vs. ETF Net Asset Value: What's the Difference?
    Explore the differences between the market price and net asset value of an exchange-traded fund (ETF). Learn more about the factors that affect each.  ( 22 min )
    Consumer Sentiment Shows People Have Noticed Slowing Inflation and Like It
    The Index of Consumer Sentiment jumped 11% from June to July, hitting its highest since October 2021.  ( 17 min )
    5 Reasons The Cable TV Industry Is Dying
    The demise of cable TV has been written about for many years but cable continues to hang on. This article discussed why cable is faced with these issues.  ( 18 min )
    Buy Now, Pay Later vs. Layaway
    "Buy now, pay later" allows consumers to make purchases with short-term loans. Learn how "buy now, pay later" compares to layaway installment plans.  ( 24 min )
    Avoid Capital Gains Tax on Your Investment Property Sale
    A Section 1031 "like-kind" exchange may be the answer if you are looking to sell your investment property and avoid costly capital gains taxes.  ( 26 min )
    Real Estate Taxes vs. Property Taxes: What's the Difference?
    Need to know the difference between real estate tax and property tax? These terms seem the same and may be used interchangeably but they differ  ( 22 min )
    Workers Are Taking Home the Smallest Pay Raises in Two Years
    Wages and salaries for private-sector workers grew 1% in the second quarter of 2023, the smallest increase since the second quarter of 2021.  ( 18 min )
    Reverse Mortgages: Reading Into the Dangers
    A reverse mortgage can be a lifeline or a hazard to a homeowner's financial security.  ( 19 min )
    Markets Gain at Midday on More Signs Inflation is Easing
    Markets bounced back at midday on Friday, July 28, 2023 from yesterday's selloff and were heading for a winning week on the latest report showing inflation easing.  ( 16 min )
    P&G Beats Profit and Sales Estimates on Higher Prices
    Procter & Gamble exceeded earnings and revenue estimates on higher prices, though the company warned macroeconomic challenges could impact its fiscal 2024 results.  ( 16 min )
    Ally Bank Savings Account Interest Rates: July 2023
    A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.  ( 21 min )
    Mortgage Rates Move Higher
    Mortgage rates rebounded yesterday, continuing a recent pattern of up and down movements within the lower-7% range. But all jumbo loan averages held steady for a second day.  ( 21 min )
    Falling Energy Prices Slash ExxonMobil's Profit and Sales
    Exxon Mobil became the latest big energy company to post sinking profit and sales because of lower oil and gas prices.  ( 16 min )
    The Risk of Subprime Mortgages by a New Name
    A subprime mortgage—now known as nonprime mortgages—is a type of loan granted to those who would not be able to qualify for conventional home mortgages.  ( 25 min )
    AstraZeneca Shares Surge After Revenue Beat
    AstraZeneca's shares rose on Friday after it announced the purchase of Pfizer's rare disease portfolio for up to $1 billion and reported better-than-expected financial results on strong sales of its cancer drugs.  ( 17 min )
    Barclays Bank CD Rates: July 2023
    Barclays doesn’t offer many CD options, but it does offer competitive rates for certain terms. See Barclays’ CD rates, terms, and features to see if it’s the right fit for your savings.  ( 19 min )
    How the Kohl's Credit Card Works: Benefits and Rewards
    Find out how the Kohl's credit card works and how shoppers can generate bigger savings throughout the year as a Kohl's cardholder.  ( 23 min )
    How Cash Value Builds in a Life Insurance Policy
    If you have permanent life insurance, more of your insurance premium goes to cash value in the early years of your policy. Find out how cash value increases over time.  ( 24 min )
    Fed's Preferred Inflation Measure Falls To 3%
    Consumer prices, as measured by the Personal Consumption Expenditures Price Index, rose 3% in June from a year ago, down from an annual rate of 3.8% in May, and the lowest since March 2021.  ( 17 min )
    What Is a Public Bank?
    A public bank is owned by the government and focuses on financing public policy goals to meet unique community needs. Learn more about public banks in the U.S.  ( 24 min )
    Income-Driven Repayment Plans: Everything You Need to Know
    If you have federal student loans, you have several repayment options. An IDR plan allows you to make payments based on your income and family size, ensuring you pay what you can afford.  ( 22 min )
    How Much Trading Capital Do Forex Traders Need?
    Forex traders can see substantial benefits from capital gains in the form of a small pip profit over time, but with considerable leverage, a single pip can result in a hefty return.  ( 22 min )
    5 Things to Know Before Markets Open
    Intel shares jumped after the chipmaker reported higher-than-expected revenue on strong PC sales and shares of Ford fell after the automaker revealed slow EV adoption in its earnings report. Here’s what investors need to know today.  ( 18 min )
    Cost Cuts Help Intel Turn a Profit After Two Quarters Despite Revenue Struggles
    A surprise earnings beat for Intel gave investors hope that the chipmaker can mount a recovery after two quarters of losses.  ( 18 min )
    How Do You Calculate the Income Effect Distinctly From the Price Effect?
    Learn more about how the income and substitution effects operate in economics and how to separate either of these while calculating the price effect.  ( 22 min )
  • Open

    Benzineprijzen kruipen verder omhoog: voor een liter betaal je nu bijna 2,20 euro
    De adviesprijs voor een liter Euro95 is vrijdag richting de 2,20 euro gegaan. Dat is bijna 20 cent meer dan aan het begin van deze maand.  ( 4 min )
    Supermarkt Boni verdwijnt door fusie met Nettorama
    Supermarktketens Nettorama en Boni gaan samen verder. Dat hebben de bedrijven vandaag aan hun medewerkers verteld. De twee ketens gaan verder onder de naam Nettorama, de naam Boni zal geleidelijk verdwijnen.  ( 4 min )
    Bitcoinbeurs Crypto.com mag legaal in Nederland aan de slag
    Crypto.com heeft een registratie bij De Nederlandse Bank gekregen, omdat het aantoonde aan de antiwitwaseisen van de toezichthouder te voldoen. De vergunning is noodzakelijk voor de cryptobeurs om in Nederland zaken te doen.  ( 3 min )
    Benzineprijzen kruipen richting 2,20 euro
    De adviesprijs voor een liter Euro95 is vrijdag richting de 2,20 euro gegaan. Dat is bijna 20 cent meer dan aan het begin van deze maand.  ( 3 min )
    Prijzen stijgen iets minder hard in Duitsland en Frankrijk
    De inflatie in Duitsland en Frankrijk is in juli iets afgenomen. Dat betekent dat de prijzen minder sterk zijn gestegen. Maar in dit tempo duurt het nog even voordat de inflatie in die landen op de gewenste 2 procent zit.  ( 3 min )
    Bitcoinbeurs Crypto.com krijgt registratie bij De Nederlandse Bank
    Crypto.com heeft een registratie bij De Nederlandse Bank gekregen, omdat het aantoonde aan de antiwitwaseisen van de toezichthouder te voldoen. De vergunning is noodzakelijk voor de cryptobeurs om in Nederland zaken te doen.  ( 3 min )
    Ruim de helft van Twitter-alternatief Threads-gebruikers is niet blijven hangen
    Toen Instagram met een alternatief kwam voor Twitter openden binnen een week 100 miljoen mensen een account. Maar ruim de helft van hen gebruikt de dienst al niet meer, zei Meta-directeur Mark Zuckerberg donderdag in een bijeenkomst met werknemers.  ( 4 min )
    Supermarktketens Nettorama en Boni gaan fuseren
    Supermarktketens Nettorama en Boni gaan samen verder. Dat hebben de bedrijven vandaag aan hun medewerkers verteld. De twee ketens gaan verder onder de naam Nettorama, de naam Boni zal geleidelijk verdwijnen.  ( 3 min )
    Op WhatsApp kun je elkaar voortaan korte videoberichten sturen
    WhatsApp brengt een nieuwe functie uit die gebruikers snel laat reageren met een videobericht. Dat gaat volgens de makers op dezelfde manier als bij een spraakbericht, maar dan met beeld.  ( 3 min )
    Tupperware dat minder bakjes verkoopt wordt in week drie keer zoveel waard
    Het bedrijf Tupperware is in een week tijd ruim drie keer zoveel geld waard geworden. Beleggers hebben opeens veel hoop op een ommekeer bij het bedrijf dat in de afgelopen jaren steeds minder Tupperware-bakjes verkocht.  ( 3 min )
    Franse economie groeit harder dan verwacht
    De Franse economie is in het tweede kwartaal onverwacht hard gegroeid. Het bruto binnenlands product (bbp) groeide met 0,5 procent. Dit kwam vooral doordat de export steeg en bedrijven meer produceerden.  ( 3 min )
    KLM groeit ondanks problemen bij Transavia en Cityhopper
    KLM zag zijn inkomsten de afgelopen maanden groeien door hogere prijzen en doordat passagiers vaker voor luxere zitplaatsen kozen. Daarmee compenseerde het bedrijf de schade van het schrappen van Transavia-vluchten.  ( 4 min )
    NU+ | Zweedse gehaktballetjes en looproutes maken IKEA mateloos populair
    IKEA bestaat vrijdag 80 jaar en is alweer 45 jaar aanwezig in ons land. Het Zweedse woonwarenhuis blijft door het unieke assortiment mateloos populair. Het is dan ook een ijzersterk merk, zeggen deskundigen.  ( 3 min )

  • Open

    Brazil's Vale to sell 13% stake in base metals unit for $3.4 billion
    SAO PAULO (Reuters) -Brazilian miner Vale said on Thursday it reached two separate agreements to sell a 13% stake in its base metals business for $3.4 billion, aiming to boost its copper and nickel output. The sale is part of Vale's strategy to unlock more value from its nickel and copper assets, given expectations for soaring demand for the metals from the electric vehicle market. A joint venture formed by Saudi Arabian Mining Co (Ma'aden) and the country's Public Investment Fund (PIF) will acquire 10% of Vale's base metal unit, while U.S. investment firm Engine No. 1 will acquire 3%.  ( 7 min )
    The classic 60/40 portfolio isn't dead. Here's why it's gearing up for a decade of strong returns.
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    Zelle outage at JPMorgan Chase is red flag for banks
    The bank hasn't explained why person-to-person payments, bill processing and account-transfer services went down for parts of two days this week. But observers suspect glitches in its legacy systems could occur at other financial institutions and increasingly affect real-time payment networks.  ( 10 min )
    HELOCs In High Demand Amid Rising Housing Prices And Interest Rates
    Faced with skyrocketing housing prices and rising interest rates, homeowners are searching for home equity lines of credit (HELOCs) at record rates, according to an analysis of Google search data. Searches for “HELOC” skyrocketed 305% so far this year, according to the analysis commissioned by California-based luxury real estate firm RubyHome. “Homeowners that bought a few years ago at lower prices and lower interest rates can feel trapped,” RubyHome CEO Tony Mariotti. “If they’ve considered buy  ( 6 min )
    Merger Madness Among REITs Heats Up This Summer
    Over the past few months, the real estate investment trust (REIT) sector has experienced a great deal of merger and acquisition (M&A) activity. The M&A deals are motivated by various reasons, such as to expand market share, diversify products or services, increase revenue or earnings and reduce competition. Ideally, the benefits of M&As should go directly to shareholders of the merging companies. But sometimes shareholders of the acquiring company may balk at the deal, thinking the company is pa  ( 10 min )
    T-Mobile CEO on Q2 earnings: 'We can set goals, beat them, and then raise them'
    T-Mobile CEO says his telecom is just getting started on the outperformance of investor expectations.  ( 8 min )
    Dow Jones Snaps Win Streak In Market Reversal; Tesla Forges New Buy Point; Roku, Intel Jump Late
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    Hawkish Hint in Japan Is Just Enough to Send US Markets Spinning
    (Bloomberg) -- It didn’t take much to scare American investors who’ve been pushing risk assets higher for the better part of a year.Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentLargest US Grid Declares Emergency Alert For July 27US 10-Year Yield Hits 4% as BOJ Worry Lifts Yen: Markets WrapFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreUS Growth Accelerates to 2.4% on Resilient Consumers, CompaniesNews that Japanese policy makers a  ( 32 min )
    Here's what the Fed's likely going to do the rest of the year, according to investors
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    Top CDs Today: New High-Rate Options
    See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )
    Alaska has boosted its Nvidia bet 50-fold in recent years, giving it a $142 million stake in June
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    BlackRock Vows To Democratize Crypto Opportunities
    BlackRock Inc. Co-Founder and CEO Larry Fink wants to "democratize" Bitcoin through a spot trading Bitcoin exchange-traded fund (ETF) Fink filed an application for the spot Bitcoin ETF on June 15 with the Securities and Exchange Commission (SEC). The application was rejected due to concerns regarding market manipulation. "We believe we have a responsibility to democratize investing. We've done a great job, and the role of ETFs in the world is transforming investing. And we're only at the beginni  ( 9 min )
    Intel Jumps After Upbeat Forecast Fuels Optimism About Chips
    (Bloomberg) -- Intel Corp. shares gained after the chipmaker gave a bullish revenue forecast for the current period, indicating that demand for computer components is improving and a long-awaited comeback may be underway.Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentFed Raises Interest Rates to 22-Year High, Leaves Door Open for MorePowell Has Stopped Handing Gifts to Wall Street on Fed DayUS Growth Accelerates to 2.4% on Resilient Consumers, Companies  ( 8 min )
    Intel Jumps After Upbeat Forecast Fuels Optimism About Chips
    (Bloomberg) -- Intel Corp. shares gained after the chipmaker gave a bullish revenue forecast for the current period, indicating that demand for computer components is improving.Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentFed Raises Interest Rates to 22-Year High, Leaves Door Open for MorePowell Has Stopped Handing Gifts to Wall Street on Fed DayUS Growth Accelerates to 2.4% on Resilient Consumers, CompaniesLargest US Grid Declares Emergency Alert For  ( 7 min )
    Intel Returns to Profitability Amid PC Recovery
    Chip maker had recorded two consecutive quarters of record losses  ( 26 min )
    Chipmaker Intel Beats Second-Quarter Targets, Posts Surprise Profit
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    Ford slows EV ramp as Q2 commercial vehicle profit booms
    (Reuters) -Ford Motor Chief Executive Jim Farley on Thursday outlined a significant change in the automaker's product strategy, slowing the ramp-up of money-losing EVs, shifting investment to Ford's commercial vehicle unit and citing plans to quadruple sales of gas electric hybrids over the next five years. He described the company's high-margin Ford Pro commercial business as a "powerhouse" and said the company now expects to launch more gas-electric hybrids. Ford plans to quadruple sales of gas-electric hybrids in the next five years, as it struggles to reduce the cost of its money-losing first-generation battery electric vehicles, executives said.  ( 8 min )
    Ford stock jumps on earnings beat and guidance boost, but sees more losses in EV unit
    Ford stock is higher after hours after the automaker reported strong second quarter earnings and also upped its full-year profit forecast, though it did project steeper annual losses in its EV division.  ( 8 min )
    Stocks erase gains, Dow ends longest win streak since 1987: Stock market news today
    Stocks erased gains Thursday, even as hopes built that the Federal Reserve is done hiking rates this year.  ( 7 min )
    Oil Prices Hit $80 As Energy Giants Exxon And Chevron Prepare To Report
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    Vanguard expects Fed 'hawkish hold,' recession still on the horizon
    Vanguard, the world's second-largest asset manager, expects the Federal Reserve to maintain a hawkish stance by either keeping interest rates elevated for longer than what the market is pricing or by tightening monetary conditions even further. Global Head of Fixed Income Group Sara Devereux said on Thursday the probability of another interest rate increase by the Fed this year stood at 50%. "We don't think they're going to cut rates anytime soon ... the Fed may have more work to do."  ( 6 min )
    Tesla Bulls Ignore Bad News. What Three Bears Have to Say.
    Shares are up again, brushing off news about investigations, service issues, and range problems. Is there a problem lurking for the Bulls?  ( 26 min )
    US stocks are the most expensive vs. bonds in 20 years - prepare for returns to remain weak for years, strategist says
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    Dow Jones Sees Win Streak Under Threat, Microsoft Stock Near New Buy Point; New IPO Cava Up 137% Since IPO
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    Visa and Mastercard Are Thriving Again. What Happens if Congress Kills Credit-Card Points.
    The card companies have defied worry about an economic slowdown. The only thing that seems able to slow them down is Congress.  ( 35 min )
    Markets Give Up Gains as Treasury Yields Drop
    Markets turned red in Thursday afternoon trading, giving up gains from earlier in the day, as treasury yields leaped. Investors appeared to take strong economic data as a sign that the Federal Reserve could have more work to do. Earlier in the day, [gross domestic product](https://www.barrons.com/  ( 11 min )
    Elon Musk Slammed Ireland's Plans To Slaughter 200K Cows For Climate Change — 3 Top Green Stocks That Actually Make A Difference
    Cows, like all living mammals, produce greenhouse gases, which could threaten their existence. According to the Telegraph, Ireland is reportedly considering killing 200,000 cows in the country to meet the European Union’s climate targets. Not everyone is a fan of this method. “Reports like this only serve to further fuel the view that the government is working behind the scenes to undermine our dairy and livestock sectors,” said Tim Cullinan, president of the Irish Farmers’ Association. It also  ( 33 min )
    Inside Illumina’s $8 billion deal that spurred a proxy fight with Carl Icahn and the ouster of 2 prominent Black Silicon Valley executives
    Illumina’s contentious acquisition of cancer test maker Grail brought billionaire Carl Icahn to the company’s doorstep.  ( 20 min )
    Dow Loses Steam in Afternoon Trading
    The Dow Jones Industrial Average was slipping in afternoon trading, despite having more gainers than losers. The Dow was down 30 points, or 0.1%. The S&P 500 rose 0.1% and the Nasdaq Composite added 0.5%. As a price-weighted index, the Dow is dragged down by more expensive stocks. As such, even th  ( 11 min )
    Mersana slashes half its staff, loses $400M in value after trial failure
    Shares of Cambridge biotech Mersana Therapeutics is in free-fall after its cancer drug unexpectedly failed in a clinical trial.  ( 11 min )
    Exxon Reports Earnings Friday. What It Means for the Stock.
    Expectations have been coming down for the oil giant's financial results, something that could set shares up for a gain if it can beat the lowered bar.  ( 26 min )
    UPS shippers may face double-digit rate increases in wake of contract
    AFS Logistics CEO Tom Nightingale says that UPS’ efficiencies can’t offset “astronomical” cost increases alone. The post UPS shippers may face double-digit rate increases in wake of contract appeared first on FreightWaves.  ( 8 min )
    Analyst Report: Chubb Limited
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    Analyst Report: Chipotle Mexican Grill
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    Market Update: CB, CMG, GOOGL, URI, MA, GM, SNAP
    No content preview
    Analyst Report: United Rentals, Inc.
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    Analyst Report: General Motors Company
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    Analyst Report: Mastercard Incorporated
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    Analyst Report: Alphabet Inc
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    VW stock lower as auto giant cuts sales forecast, refocuses China efforts
    Shares of global auto giant Volkswagen (VOW3.DE) are slipping today after the company cut its global delivery forecast as it tries to control higher input costs and a new strategy in the all-important Chinese market.  ( 8 min )
    UPDATE 2-Petrobras board to discuss new dividend policy on Friday -source
    The board of directors of Brazilian state-run oil company Petrobras is set to meet on Friday to discuss its new dividend policy and a potential share buyback program, newspaper Valor Economico reported on Thursday. Executives at the firm previously said the new dividend policy was being prepared by a working group and expected to be voted on by the end of this month, with its second-quarter dividends likely to be already based on the new policy. Petrobras did not immediately respond to an emailed request for comment.  ( 31 min )
    Chipotle Stock Is Tanking. What to Think About Before Buying.
    There’s no doubt that bulls have been left somewhat disappointed by Chipotle’s quarter. Still, there may be a reason for investors to buy the stock on the dip.  ( 26 min )
    Gas prices are going up again. Here's why.
    The driving factor in the uptick is oil prices.  ( 30 min )
    QuantumScape Stock Is Soaring. Here’s What Is Driving the Gains.
    Shares of electric-vehicle battery start-up QuantumScape are soaring following the company's earnings report. But earnings aren't the reason for the stock surge.  ( 26 min )
    Southwest Airlines Stock Plunges 10% Despite Record Quarterly Revenue
    Southwest Airlines Stock Drops Despite Record Quarterly Revenue  ( 18 min )
    The Boeing Paradox: Big Losses, Oodles of Cash Flow
    Boeing is still losing money, even as Wall Street warms up to the stock as the outlook for commercial aerospace improves. Losses aren't great. At least cash flow isn't a problem.  ( 26 min )
    Silicon Motion Says It Will Seek to Enforce Merger Deal With MaxLinear
    MaxLinear terminated its deal to buy Silicon Motion on Wednesday, hours after the unexpected news that Chinese regulators had approved the merger.  ( 26 min )
    What's Going On With Nvidia Stock Thursday?
    Nvidia Corp (NASDAQ: NVDA) stock is trading higher Thursday, further amplified by Meta Platforms Inc's (NASDAQ: META) upbeat quarterly results. On Wednesday, Meta Platforms reported second-quarter revenue of $32 billion, up 11% year-over-year, beating the Street consensus estimate of $31.12 billion. Also Read: Nvidia OpenAI Working On AI Model To Connect 10M AI GPUs Together Earnings per share totaled $2.98 in the second quarter, beating a Street consensus estimate of $2.91. The social media fir  ( 7 min )
    What's Going On With Alibaba Stock Thursday?
    Alibaba Group Holding Limited (NYSE: BABA) shares are trading higher Thursday, buoyed by its artificial intelligence collaboration with Meta Platforms Inc (NASDAQ: META). Alibaba Cloud added Meta's Llama 2 LLM to ModelScope, its open-source "model-as-a-service" platform offers over 700 AI models – covering various fields from computer vision to natural language processing and audio – to local developers, SCMP reports. Alibaba Cloud had tailored services via ModelScope that would enable Chinese d  ( 7 min )
    Bank of America Says These 2 Stocks Could Double Your Money — Here’s Why They Could Rally
    Get ready for long-term gains – that’s the message from Bank of America. In a recent note, the bank lays out just why it believes that the S&P 500 will hit 5,000 by next year. That would represent a gain of about 9.5% from current levels. The bank’s chief equity technician, Stephen Suttmeier, sees the market in a secular bull phase – that is, a long-term upward trend lasting one or two decades. In his view, the secular trend started back in 2013 and is likely to hold until the latter years of th  ( 11 min )
    Can AT&T and Verizon escape managed decline?
    America’s telecoms incumbents are in a funk  ( 32 min )
    Cathie Wood Speaks Her Mind on Tesla, Meta, Nvidia, AI, and More
    Wood’s ARK Innovation fund is riding high this year. So are her expectations for robotaxis, drone delivery, and Coinbase, as she explains in an interview.  ( 27 min )
    How the ECB Jolted the Euro With One Word
    The European Central Bank’s latest policy statement didn’t change very much from June’s. But the absence of one verb from the policy announcement was quickly noticed by investors, sending ripples through European markets. The ECB’s July statement said interest rates “will be set” at sufficiently re  ( 24 min )
    Royal Caribbean Soars After Boosting Full-Year Profit Forecast
    (Bloomberg) -- Royal Caribbean Cruises Ltd. rose Thursday after raising its full year profit forecast to a level that significantly beat expectations, as demand for its cruises is increasing.Most Read from BloombergSubway Offers Free Sandwiches That Come With a Lifetime CommitmentPowell Has Stopped Handing Gifts to Wall Street on Fed DayFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreHunter Biden Plea Deal in Limbo After Judge Questions TermsMitch McConnell Freezes at Start o  ( 7 min )
    Ford Q2 earnings preview: Profit forecast, EV business in focus
    Ford is set to report second quarter earnings after the bell, its second time breaking down results across its new reporting units.  ( 8 min )
    RCL Stock Sails To 3-Year High On Q2 Earnings Rout, 33% Rise In Guidance
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    Big banks have to raise capital by as much as 19% under proposed US rules
    The changes represent one of the biggest revamps of bank capital rules since the 2008 financial crisis.  ( 10 min )
    Meta Platforms upgraded, Estee Lauder downgraded: Wall Street's top analyst call
    Meta Platforms upgraded, Estee Lauder downgraded: Wall Street's top analyst call  ( 9 min )
    Tech stocks lead gains as Meta rallies, Fed hopes rise: Stock market news today
    Stocks rose, pointing to a strong open on Thursday as hopes built that the Federal Reserve is done hiking rates this year, as techs got a boost from a rally in Meta post-earnings.  ( 7 min )
    Bank of America CEO flags effects of higher capital requirements
    Bank of America CEO Brian Moynihan said U.S. authorities need to be careful when implementing new capital requirements of the Basel III accord to avoid reducing the ability of U.S. banks to compete globally. In an interview with Fox News, Moynihan said the process needs to assure "the playing field is level", saying the rules should be implemented carefully "so to not make the US less competitive". "We're not talking about the big eight banks.... We're talking about a $30 or $40 billion bank, or a $100 billion bank, not being able to compete for a middle market loan because a bank or a supplier in Europe ... is getting a lower cost of capital", Moynihan added.  ( 7 min )
    Will I Have to Pay Taxes on My Social Security Income?
    How Social Security income is taxed depends on how much income you have from other sources. Here are the 2022 IRS limits for individual and joint filers.  ( 11 min )
    Can I Really Live Off The Interest of My $1 Million Portfolio?
    Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a … Continue reading → The post How Much Interest Can You Earn on $1 million? appeared first on SmartAsset Blog.  ( 11 min )
    A $1.5 Million Annuity Will Get You This Much Annually
    Annuities are a form of hybrid financial product. Part investment and part contract, they're primarily sold by insurance companies as a way to save for retirement. While in recent years they have come under criticism for below-market returns, many retirees … Continue reading → The post How Much Would a $1.5 Million Annuity Pay? appeared first on SmartAsset Blog.  ( 10 min )
    T. Rowe Price Says You Need This Much Saved For Retirement Based on Your Income
    Retirement is a big milestone for many, and planning for retirement can constitute a large financial goal that takes years to reach. In fact, data from the Federal Reserve indicates that the majority of Americans only have $65,000 saved for … Continue reading → The post Approaching Retirement? T. Rowe Price Says You Need This Much Saved Based on Your Income appeared first on SmartAsset Blog.  ( 9 min )
    AbbVie Earnings, Revenue Fall Less Than Expected
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    Bristol Myers Slashes Forecast on Tumbling Revlimid Sales
    Cancer-fighting drugs Revlimid and Pomalyst drive a sales shortfall in the second quarter.  ( 26 min )
    Crocs Inc. Raises Full-Year Outlook After Beating Q2 Expectations
    Amid overall strong results, Crocs downgraded its sales outlook for Hey Dude for the full-year.  ( 8 min )
    Overstock.com Jumps on Signs Bed Bath & Beyond Transformation Is Paying Off
    The company reported more sales and a smaller loss than expected. It said it achieved early success in its Canadian launch of the Bed Bath & Beyond brand.  ( 26 min )
    Honeywell posts better-than-expected profit on aviation boost, lifts forecast
    Industrial conglomerate Honeywell International Inc posted a better-than-expected quarterly profit and slightly raised its full-year forecasts on Thursday, on strong performance in its aviation business. Aviation suppliers, such as Honeywell and General Electric, have gained from faster-than-expected rebound in air travel, which has driven demand for parts and services. Sales at Honeywell's aerospace business, which counts Boeing and Airbus as customers, were up 16% on an organic basis in the second quarter.  ( 6 min )
    Mobileye Drives Past Second-Quarter Targets, Raises Earnings Outlook
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    AbbVie raises profit forecast as Humira stays strong, new drugs impress
    AbbVie on Thursday raised its annual profit forecast after beating analysts' estimates for second-quarter earnings on a lower-than-expected fall in sales of blockbuster arthritis drug Humira and strong sales of newer treatments. Global Humira sales tumbled 25.2% to $4.01 billion compared with analysts' expectations of $3.94 billion, according to Refinitiv data. Humira's sales trajectory is on the top of investors' minds following the entry of multiple copycat versions of one of the world's biggest selling drugs in the U.S. market.  ( 7 min )
    Ford Earnings Face Obstacles. What the Stock Needs to Drive Forward.
    The car company reports on Thursday evening. Auto investors have a lot of issues weighing on their minds.  ( 26 min )
    Southwest Airlines made $683 million in Q2, as a hectic summer travel season led to record revenue
    Southwest Airlines said second-quarter earnings dropped 10% to $683 million as labor costs soared, offsetting record revenue at the start of the peak summer travel season. The company predicted record revenue and another profit in the third quarter, but warned of even stronger cost pressure.  ( 7 min )
    CROX Stock Falls On Outlook; Hoka Maker Deckers Brands, Skechers To Report
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    Daily Spotlight: Fed Gets Back to Work
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    Analyst Report: Fortive Corp
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    Southwest Stock Falls After Solid Earnings. One Key Metric Is Clipping Airlines’ Wings.
    Southwest Airlines stock tumbled ahead of the open Thursday as the low-cost carrier said it expected revenue per available seat mile to fall in the third quarter.  ( 26 min )
    UPDATE 1-Bristol Myers sales fall, cuts 2023 forecast as drugs face competition
    Drugmaker Bristol Myers Squibb said on Thursday its second-quarter sales fell more than expected and cut its full-year forecast as two of its top drugs, blood cancer treatment Revlimid and blood thinner Eliquis, face generic competition. Bristol Myers is in the midst of a leadership change, with CEO Giovanni Caforio expected to step down in November to be succeeded by Chief Operating Officer Christopher Boerner. Revlimid sales were $1.47 billion in the quarter, compared with analyst expectations of $1.67 billion, Bristol said, citing generic erosion as well as an increase in patients receiving free product from the company's patient assistance foundation.  ( 7 min )
    Bristol Myers sales fall, cuts 2023 forecast as drugs face competition
    Drugmaker Bristol Myers Squibb said on Thursday its second-quarter sales fell more than expected and cut its full-year forecast as two of its top drugs, blood cancer treatment Revlimid and blood thinner Eliquis, face generic competition. Bristol Myers is in the midst of a leadership change, with CEO Giovanni Caforio expected to step down in November to be succeeded by Chief Operating Officer Christopher Boerner. Revlimid sales were $1.47 billion in the quarter, compared with analyst expectations of $1.67 billion, Bristol said, citing generic erosion as well as an increase in patients receiving free product from the company's patient assistance foundation.  ( 7 min )
    McDonald's earnings: Grimace boosts US sales, results top estimates across the board
    McDonald's called out its "culturally relevant brand and marketing campaigns" as a driver for a strong second quarter in the US market.  ( 8 min )
    Honeywell Beats Earnings Estimates. But the Stock Is Falling.
    Honeywell reports earnings of $2.23 a share from sales of $9.1 billion. Wall Street was looking for earnings of $2.21 on sales of $9.2 billion.  ( 26 min )
    UPDATE 1-Refiner Valero's quarterly profit slumps on margins hit
    Refiner Valero Energy Corp reported a slump in second-quarter profit as improved fuel supplies and slowing economic activity compressed margins. Valero said total refinery throughput volumes averaged 2.96 million barrels per day in the quarter, roughly same as last year.  ( 6 min )
    Southwest warns of higher full-year costs as quarterly profit falls
    The largest domestic U.S. airline expects revenue per available seat mile (RASM) to fall between 3% and 7% in the third quarter, while capacity is expected to be up about 12%. However, Southwest expects the quarter to be profitable and operating revenue to hit a record. The airline attributed the fall in RASM, a proxy for pricing power, to tough comparisons from a boom in travel demand last year.  ( 7 min )
    The Stock Market Is Up, But Morningstar Says Now Is the Time to Invest in These Assets
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    Shell Profits Slump on Lower Energy Prices. Expect More Pain for Exxon.
    The oil giant's second-quarter earnings show a steep 56% year-over-year fall in profit.  ( 26 min )
    Weaker Energy Prices Temper Shell’s Profit, but Not Cash Payouts for Investors
    The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic shift.  ( 28 min )
    Cathie Wood Speaks Her Mind on Tesla, Meta, Nvidia, AI, and More
    Wood’s ARK Innovation fund is riding high this year. So are her expectations for robotaxis, drone delivery, and Coinbase, as she explains in an interview.  ( 27 min )
    Shell Pledges Extra Buybacks, Hikes Dividend as Profit Drops
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    Intel Could Be Hit as AI Alters Spending. Watch Its Earnings.
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    Analysis-US bond investors brace for shift in market as rate peak elusive
    U.S. bond investors were gauging how to navigate a prolonged period of higher interest rates that some expect to weigh on U.S. growth, after the Federal Reserve on Wednesday left open the possibility of more rate increases and excluded easing financial conditions anytime soon. With its latest 25 basis point interest rate increase now in the books, the Fed has raised the benchmark overnight interest rate by 525 basis points since March 2022 to a level last seen before the 2007 housing market crash in a fight to bring down inflation. Cooling consumer prices and a resilient economy have sparked rallies in stocks this year and Fed Chairman Jerome Powell on Wednesday said a recession is unlikely - a sharp reversal from the mood earlier this year, when both the Fed and investors believed a downturn was all but unavoidable.  ( 8 min )
    Spectre of hyper inflation hangs over Putin as Russian economy crumbles
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    There's one big reason why Alphabet has the edge over Microsoft in the AI race, according to tech investor Gene Munster
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  • Open

    Student Loan Repayment Options: What's the Best Way to Pay?
    There are several student loan repayment options you can choose from to pay off your debt. Learn what they are and how to pick the right one for you.  ( 27 min )
    Chattel Mortgage: Definition, How They Work, Examples, and Types
    A chattel mortgage is a loan used to purchase an item of movable personal property, such as a vehicle, which then serves as security for the loan.  ( 24 min )
    Private vs. Federal College Loans: What's the Difference?
    Student loans are available from both the federal government and private lenders. Federal student loans have more flexible repayment options.  ( 27 min )
    Eli Lilly Says Weight-Loss Drug Helps Patients Lose 26% of Their Weight, More Than Rivals
    Eli Lilly said that two Phase 3 trials of its weight-loss drug tirzepatide showed patients lost 26.6% of their body weight on average, more than competitors.  ( 17 min )
    Top CDs Today: New High-Rate Options
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    Style Matters in Financial Modeling
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    There's a New Nation-Leading Rate on Money Market Accounts
    The top nationwide rate on a money market account rose today to 5.21%, up from 5.06% APY. You can also find other options above 5.00% in our daily money market rankings.  ( 18 min )
    Pros and Cons of Dollar Cost Averaging
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    S&P 500 Gains and Losses Today: Stocks Dip as Economic Growth Raises Rate Hike Concerns
    The S&P 500 lost 0.6% on Thursday, July 27, 2023, as stronger-than-anticipated U.S. economic growth revived concerns the Fed may keep raising interest rates.  ( 17 min )
    How Will New Capital Requirement Rules Ensure Bank Stability?
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    Securitized Products: Definition, Examples, Safety Issues
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    Royal Caribbean Shares Surge on Results, Outlook as Cruise Demand Jumps
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    Pending Home Sales Increase for First Time in Three Months
    Sales in the Northeast and Midwest grew, while the South and West had declines.  ( 17 min )
    Dow Jones Today: Index Plunges, Ending Streak, on Concern About Rate Hikes
    Dow Jones falls more than 200 points, ending the historic 13-day rally, on investor fears that strong economic data could bring more rate hikes.  ( 17 min )
    Congressional Budget Office Adopts Sunnier Economic Outlook
    The Congressional Budget Office, a nonpartisan agency that provides analysis to Congress, released economic projections Thursday.  ( 16 min )
    FDIC's New Capital Proposal Could Crimp Dividends and Buybacks for Big Banks
    While critics said the new proposal could crimp shareholder dividends and buybacks for years to come, regulators said big banks have ample time and capital to comply without hurting either.  ( 20 min )
    An Overview of Perpetual Bonds
    A perpetual bond makes interest payments to the investor forever, which sounds great at first, but for both the issuer and the buyer, there are some risks alongside the rewards.  ( 21 min )
    Going Back to School: Can I Afford It?
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    The Economics Behind Sneakers
    Find out how limited supplies and celebrity endorsements drive the $80 billion sneaker industry. Nike Air Jordans remain bestsellers after over 30 years.  ( 21 min )
    What the Fed Rate Hike Means for Your Savings
    The best savings and money market accounts are already paying record rates, with many opportunities to earn 5.00% or more. Will the Fed's latest increase push rates higher?  ( 18 min )
    Value or Growth Stocks: Which Is Better?
    Learn about the age-old debate about value versus growth stocks, and how determining which kind is better depends on a number of factors.  ( 25 min )
    Student Loan Interest Rates
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    The Globalization of Financial Services
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    The Value of an Education at an HBCU: Benefits, Cost, and Impact
    Historically Black colleges and universities (HBCUs) focus on educating disadvantaged groups and are helping narrow the racial wealth gap.  ( 26 min )
    Stellantis, GM, Hyundai and Others Join Forces On EV Charging Network
    Stellantis N.V. (STLA), General Motors Co. (GM), Mercedes Benz Group ADR (MBGYY), Bayerische Motoren Werke ADR (BMWYY), Honda Motor Co. LTD (HMC), Hyundai (HYMTF) and Kia Corp. (KIMTF) announced an EV charging joint venture Thursday that they said would solely rely on renewable energy.  ( 18 min )
    Chipotle Sales Fall Short on Higher Prices
    Chipotle shares tumbled after the restaurant chain's sales came in short of expectations as the company raised prices because of higher ingredient costs.  ( 16 min )
    Shell's Profit Sinks on Oil and Gas Price Declines
    ADRs of Shell Plc dropped after the energy giant reported earnings fell by more than half, hurt by falling oil and gas prices.  ( 16 min )
    Markets Rise at Midday on US Economic Growth
    U.S. equities were up at midday on Thursday, July 27, 2023, after the U.S. government reported stronger-than-expected economic growth in the second quarter.  ( 16 min )
    Southwest Airlines Stock Plunges 10% Despite Record Quarterly Revenue
    Southwest Airlines Stock Drops Despite Record Quarterly Revenue  ( 17 min )
    Closed Loop Card: Definition, How It Works, vs. Co-Branded Card
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    Additional Cardholder: How to Add, Pros and Cons, Alternatives
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    Upfront Pricing: What it Means, How It Works for Credit Cards
    Upfront pricing refers to the interest rates and credit limits that a card issuer assigns to a particular cardholder when they sign up for a card, based on risk and other factors.  ( 22 min )
    Credit Card Block: What It Is, How It Works, Disadvantages
    A credit card block is the reservation of a portion of a credit or debit card balance for the cost of services not yet rendered.  ( 22 min )
    Credit Card Authentication: What It Is and How It Works
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    Berkshire Hathaway Class A vs. Class B Shares: What's the Difference?
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    Magnetic Stripe Card: Definition, How It Works, vs. Chip Card
    A magnetic stripe card is a security device with data embedded in it that identifies the user. It enables secure access, electronic or physical.  ( 22 min )
    Mortgage Rates Dip, Continue Yo-Yo Pattern
    Mortgage rates have moved slightly down, continuing a two-week pattern of bobbing up and down in a lower-7% range. All jumbo loan averages meanwhile held steady.  ( 20 min )
    Streaming, Theme Parks Propel Solid Q2 Earnings at Comcast
    Comcast (CMCSA) posted its biggest earnings beat in two years on Thursday, as a surge in revenue from streaming, theme parks, and the box office offset weakness in its broadband and legacy cable offerings.  ( 18 min )
    Fine Art Can Be a Fine Investment
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    Howey Test Definition: What It Means and Implications for Cryptocurrency
    The Howey Test determines which transactions qualify as an "investment contract" and would therefore be subject to U.S. securities laws.  ( 23 min )
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    Minimum finance charges kick in when the interest that a credit card holder owes on their outstanding balance for that month falls below a certain amount.  ( 22 min )
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    Mastercard, not unlike its rival payments processors, reported strong second quarter earnings on the back of robust consumer spending and a pick up in post-pandemic travel demand.  ( 17 min )
    Sample Distribution: Definition, How It's Used, With an Example
    A sampling distribution describes the data chosen for a sample from among a larger population.  ( 23 min )
    Batch Credit Card Processing: What It Is and How It Works
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    Offshore Investing: Pros and Cons
    Offshore investing often gets a bad rap but is perfectly legal. Despite increased regulatory scrutiny, it still offers tax advantages when done properly.  ( 22 min )
    GDP Grew At Surprisingly High 2.4% Annual Rate in 2nd Quarter
    The GDP grew at a 2.4% annual rate in the second quarter, an acceleration from the 2% growth of the first quarter, and above the 2% growth forecasters had expected.  ( 17 min )
    The Lipper Rating System Explained
    Take a closer look at how Lipper Inc., a subsidiary of Thomson Reuters, determines the ratings for mutual funds in its Lipper Rating System.  ( 22 min )
    Cash vs. Bonds: What's the Difference?
    There are benefits and drawbacks of holding cash versus investing in bonds, so make sure you make the right decision about how to best safeguard your money.  ( 23 min )
    Examples of the 80-20 Rule (Pareto Principle) in Practice
    Learn about the origins of the 80-20 rule and how it is applied in business, economics, quality control, and investing.  ( 21 min )
    Ad Revenue Growth Helps Meta Beat Earnings Expectations
    Meta's second quarter revenue, at almost $32 billion, increased 11% over the same period last year and grew at the fastest clip since the end of 2021, primarily driven by a 12% jump in advertising revenue.  ( 18 min )
    5 Things to Know Before Markets Open
    Meta shares are surging after the social media giant posted third quarter revenue projections that beat expectations and the release of the U.S. GDP is expected to show the economy remained steady in the second quarter. Here’s what investors need to know today.  ( 19 min )
    Globalization and International Investment
    Learn how globalization impacts international investment and transforms economies around the world. Understand the implications of globalization.  ( 19 min )
    Understanding the Basel III International Regulations
    The Basel III regulations marked drastic reform in international banking. But how will they affect the worldwide economy?  ( 23 min )
    Hampton Home Prices Fall Amid Tight Inventory For Sale
    With fewer homes for sale in the Hamptons, buyers are clambering over what is left in the market, even as the median sales price falls from a year earlier.  ( 17 min )
    What Is Delta in Derivatives Trading, and How Does It Work?
    Delta is the ratio comparing the change in the price of the underlying asset to the corresponding change in the price of a derivative.  ( 26 min )
    Types of Consumer Goods That Show the Price Elasticity of Demand
    Learn how the price elasticity of demand is more sensitive for some types of consumer goods than others, and see what factors most influence elasticity.  ( 23 min )
    Interest Rates Explained: Nominal, Real, Effective
    Interest rates are divided into subcategories. Smart investors look beyond the nominal or coupon rate of a bond or loan to see if it fits their objectives.  ( 28 min )
  • Open

    Eli Lilly Says Weight-Loss Drug Helps Patients Lose 26% of Their Weight, More Than Rivals
    Eli Lilly said that two Phase 3 trials of its weight-loss drug tirzepatide showed patients lost 26.6% of their body weight on average, more than competitors.  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Stocks Dip as Economic Growth Raises Rate Hike Concerns
    The S&P 500 lost 0.6% on Thursday, July 27, 2023, as stronger-than-anticipated U.S. economic growth revived concerns the Fed may keep raising interest rates.  ( 1 min )
    Dow Jones Today: Index Plunges, Ending Streak, on Concern About Rate Hikes
    Dow Jones falls more than 200 points, ending the historic 13-day rally, on investor fears that strong economic data could bring more rate hikes.  ( 1 min )
    5 Things to Know Before Markets Open
    Meta shares are surging after the social media giant posted third quarter revenue projections that beat expectations and the release of the U.S. GDP is expected to show the economy remained steady in the second quarter. Here’s what investors need to know today.  ( 1 min )
  • Open

    Flitsbezorger Getir krimpt maar blijft in Nederland actief
    Het Turkse boodschappenbezorgbedrijf Getir blijft in Nederland actief. De afgelopen maanden gingen er geruchten rond over een vertrek van het bedrijf. Wel vertrekt Getir uit Spanje, Italië en Portugal.  ( 3 min )
    Amerikaanse economie groeit harder in tweede kwartaal
    De Amerikaanse economie is in het tweede kwartaal harder gegroeid dan verwacht. De economische groei kwam uit op 2,4 procent, tegen 2 procent in het eerste kwartaal.  ( 2 min )
    ECB verhoogt rente voor negende en mogelijk laatste keer in strijd tegen inflatie
    De Europese Centrale Bank verhoogt voor de negende keer in ruim een jaar haar belangrijkste rentetarieven. Dat doet ze om de inflatie in Europa verder te bestrijden. Hierdoor wordt lenen nog weer duurder en levert sparen iets meer op.  ( 4 min )
    Menu's van McDonald's blijven ondanks hogere prijzen populair
    Liefhebbers van een Big Mac weten hun weg naar de McDonald's nog steeds massaal te vinden ondanks dat de prijzen voor de menu's zijn verhoogd. De fastfoodketen heeft in het tweede kwartaal van dit jaar flink meer winst geboekt.  ( 2 min )
    ECB verhoogt rente toch nog eens in strijd tegen inflatie
    De Europese Centrale Bank verhoogt voor de negende keer in ruim een jaar haar belangrijkste rentetarieven om de inflatie in Europa verder te bestrijden. Hierdoor zal lenen nog weer duurder worden en sparen iets meer opleveren.  ( 4 min )
    Scheepvaart worstelt met brandveiligheid bij transport elektrische auto's
    Bij de scheepsbrand boven Ameland wordt gewezen naar elektrische auto's op het schip. De maritieme sector worstelt al langer met de extra brandrisico's van elektrische auto's. Een oplossing lijkt pas in zicht als de huidige manier van transport onbetaalbaar wordt.  ( 7 min )
    Vraag naar steenkolen bereikt recordniveau
    De vraag naar steenkolen heeft afgelopen jaar een recordniveau bereikt. Er was vooral veel vraag vanuit Azië waar de fossiele brandstof onder meer wordt gebruikt in de industrie en om stroom op te wekken.  ( 3 min )
    EU onderzoekt Microsoft vanwege bundelen Teams en Office
    De Europese Commissie start een officieel onderzoek naar Microsoft. Het techbedrijf heeft mogelijk Europese concurrentieregels overtreden door zijn communicatiedienst Teams te bundelen met Office-producten.  ( 3 min )
    Storing bij Slack opgelost, berichten komen weer aan
    Het zakelijke communicatieplatform Slack kampte donderdagochtend met een storing, waardoor berichten niet altijd aankwamen. Inmiddels zijn de problemen met de dienst opgelost.  ( 2 min )
    Ook KitKat-maker Nestlé profiteert van prijsverhogingen
    De duurdere boodschappen leggen voedingsfabrikanten geen windeieren. Dinsdag werd al duidelijk dat Unilever meer winst boekte door hogere prijzen, donderdag maakte de Zwitserse concurrent Nestlé bekend dat het ook meer overhoudt doordat het zijn prijzen heeft opgeschroefd.  ( 4 min )
    Berichten op Slack komen niet altijd aan door storing
    Het zakelijke communicatieplatform Slack kampt donderdagochtend met een storing, waardoor berichten niet altijd aankomen. Er wordt gewerkt aan een oplossing.  ( 2 min )
    Omzet stijgt bij Facebook-moederbedrijf, maar met de Metaverse schiet het niet op
    Facebook-moederbedrijf Meta zag de omzet in het afgelopen kwartaal stijgen door duizenden ontslagen en een verbetering in de advertentieverkopen. Maar voorlopig blijft de Metaverse een grote kostenpost.  ( 4 min )
    Lagere prijzen voor olie en gas doen Shell pijn
    Shell zag zijn winst afgelopen kwartaal halveren ten opzichte van dezelfde periode vorig jaar. Dit kwam onder meer doordat de olie- en gasprijzen de afgelopen maanden flink lager waren.  ( 4 min )
    Succes Barbie-film zorgt nog niet voor hogere poppenverkoop
    Het succes van de Hollywoodfilm over Barbie heeft voorlopig niet gezorgd voor extra verkoop van Barbie-poppen. Dat meldt moederbedrijf Mattel, dat zijn inkomsten in het tweede kwartaal met 12 procent zag dalen.  ( 3 min )
    Inflatie is bijna genoeg geremd, dus kan ECB stoppen met renteverhogingen
    Na een jaar met ingrepen om de inflatie af te remmen, verhoogt de Europese Centrale Bank (ECB) de rente vandaag mogelijk voor het laatst. Experts denken dat de ECB zo niet meer economische schade wil veroorzaken dan nodig.  ( 6 min )
    Loonstijgingen ongekend hoog vanwege krapte op arbeidsmarkt
    Werknemers kwamen de afgelopen maanden vaker in opstand voor meer loon. Er waren dan ook meer stakingen en acties dan in de voorgaande jaren. Toch zijn er net zoveel cao's afgesloten, onder meer vanwege de krapte op de arbeidsmarkt  ( 5 min )

  • Open

    Alphabet grew revenue faster than spending for the first time since 2021. Can the internet giant pull it off again?
    Google's parent company did something different in Q2, as revenue growth outpaced spending. With an AI arms race and an uncertain economy though, it's not clear if the company can do it again.  ( 8 min )
    Chipotle Stock Tumbles as Revenue Misses Expectations
    Analysts were bullish heading into the burrito chain's second-quarter earnings. The stock is up 51% this year, leaving little room for error.  ( 26 min )
    Billionaire Joe Lewis has been arrested for alleged insider trading, with prosecutors saying he helped personal pilots, assistants, and romantic partners make 'millions'
    An indictment claims that Tottenham Hotspur owner Joe Lewis lent his pilots $500,000 each to buy stock before insider information became public.  ( 8 min )
    It hasn't been this cheap since 2008 to protect against a stock market sell-off, Bank of America says
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    Top CDs Today: Rates Rise on Fed Day
    See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 20 min )
    Trucker Yellow Prepares to File for Bankruptcy as Customers Flee
    Trucking company Yellow is preparing to file for bankruptcy, according to people familiar with the matter, heightening the threat that one of the nation’s largest freight carriers will shut down as customers abandon it amid a cash crunch and union negotiations.  ( 28 min )
    Edwards Lifesciences Sinks Despite An Earnings Beat, Outlook Increase
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    Royal Caribbean Earnings Have a High Bar. The Stock Needs Something Special.
    Focus will quickly turn to guidance for the third quarter, typically the best three months for cruise operators.  ( 26 min )
    ServiceNow Earnings Top Estimates. But the Stock is Lower.
    The company also unveiled two major additions to its suite of generative artificial intelligence tools.  ( 26 min )
    Mark Zuckerberg cements dominance as Facebook tops 3 billion monthly users
    Mark Zuckerberg’s social media empire has reported a jump in advertising revenues and said that 3 billion people are now regularly checking Facebook.  ( 31 min )
    Chipmaker MaxLinear Terminates Acquisition of Taiwan’s Silicon Motion
    (Bloomberg) -- MaxLinear Inc., a maker of chips for broadband communications, said it terminated its attempt to acquire Silicon Motion Technology Corp., ending a cash-and-stock deal worth $3.8 billion.Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreSubway Offers Free Sandwiches That Come With a Lifetime CommitmentUK Billionaire Joe Lewis  ( 7 min )
    ServiceNow Earnings Beat, Software Bellwether Falls As Revenue Edges By Views
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    Ford Rebounds From Key Level With Earnings On Deck; This EV Stock Soars
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    Biotech Stocks Join AI-Fueled Rally
    Shares of Recursion Pharmaceuticals, Schrodinger and others that are implementing AI are surging.  ( 24 min )
    Chipotle earnings: Stock falls 6% after sales growth misses forecasts
    Chipotle Mexican Grill reported quarterly results Wednesday after the market close. The results: strong but missed some Street marks.  ( 8 min )
    Meta stock gains after earnings, guidance from Facebook parent top expectations
    Meta reported earnings on Wednesday after the bell, beating estimates on the top and bottom line. The company also logged a steeper loss than expected in its VR division, Reality Labs, and revealed its expenses for the year will be higher than anticipated.  ( 9 min )
    Meta earnings: Facebook parent beats on revenue, guidance, stock climbs after hours
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    Dow rises for 13th straight day, stocks split after Fed decision: Stock market news today
    Stocks drifted after the Federal Reserve's decision to raise interest rates by a quarter percentage point. Fed Chair Jerome Powell said no decisions had been made on whether to continue hiking rates at upcoming policy meetings.  ( 7 min )
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    Yellow exec tells sales staff company will file bankruptcy Monday
    At least two Yellow teams were given a prepared statement that “the company continues to prepare for a range of contingencies.” The post Yellow exec tells sales staff company will file bankruptcy Monday appeared first on FreightWaves.  ( 6 min )
    Stocks drift after Fed interest rate decision, Powell comments: Stock market news today
    Stocks rose after the Federal Reserve's decision to raise interest rates by a quarter percentage point. Fed Chair Jerome Powell said no decisions had been made on whether to continue hiking rates at upcoming policy meetings.  ( 7 min )
    Top Dividend Stocks: Pepsi Still Pops Even With 51 Years Of Dividend Growth
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    Stocks climb after Fed interest rate decision: Stock market news today
    Stocks rose after the Federal Reserve's decision to raise interest rates by a quarter percentage point. Fed Chair Jerome Powell said no decisions had been made on whether to continue hiking rates at upcoming policy meetings.  ( 7 min )
    Analyst Report: Interpublic Grp Of Cos., Inc
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    Analyst Report: 3M Co.
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    Analyst Report: Texas Instruments Inc.
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    Analyst Report: Old Dominion Freight Line, Inc
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    Analyst Report: Dow Inc
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    Analyst Report: NextEra Energy Inc
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    Fed raises interest rates, leaves door open to another increase
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    Alphabet’s CFO Has a New Role. Here’s What It Means.
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    Market Update: NEE, IPG, MMM, ODFL, TXN, VZ, HLT, DOW
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    Unlike Alphabet, Microsoft Said Something That The Market Was Not Happy To Hear
    On Tuesday, Microsoft Corporation (NASDAQ: MSFT) and Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) both reported their latest quarterly results. But while Google-parent topped expectations across the board, Microsoft’s guidance fell short of expectations, overshadowing the fact its fiscal fourth quarter results surpassed estimates. Microsoft’s Fiscal Fourth Quarter Highlights For the quarter that ended on June 30th, the software maker generated $56.19 billion in revenue that rose 8%, which topped R  ( 8 min )
    Fed Raises Interest Rates to 22-Year High, Leaves Door Open for More
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    Will Today’s Fed Rate Hike Push CD Rates Even Higher?
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    Stocks mixed after Fed raises interest rates by 0.25%: Stock market news today
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    Federal Reserve raises interest rates to highest since 2001
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    Data Storage Micron Technology Stock Getting Closer To Key Technical Measure
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    Old Dominion uses cost control to mitigate slumping demand in Q2
    Old Dominion reported what will likely be best-in-class results for the second quarter and said recent turmoil at competitor Yellow Corp. hasn’t altered its strategy any. The post Old Dominion uses cost control to mitigate slumping demand in Q2 appeared first on FreightWaves.  ( 41 min )
    Bill Gross Selling Regional Bank Holdings After Making ‘Mucho Bucks’
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    Drugmaker Mallinckrodt in talks with hedge funds to avoid opioid settlements - WSJ
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    UPS-Teamsters Labor Deal Is Good News for FedEx Stock
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    What the Fed rate hike means for bank accounts, CDs, loans and credit cards
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    The US stock market has become a 'get-rich-quick' scheme that's ignoring oncoming economic pain, top economist David Rosenberg says
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    J.P. Morgan Recommends These 2 ‘Strong Buy’ Stocks — Including One With 90% Upside Potential
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    Eco-Friendly Car Sales Helped Stellantis Break a 7-Quarter Losing Streak
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    30-Year Mortgage Rates Rise for a Second Day
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    Target Stock Gets Hit With a One-Two Punch. 3 Reasons for the Double Downgrade.
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    Hedge Funds Seek to Cut Off $1 Billion Meant for Opioid Victims
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    Nvidia’s Earnings Could Surge. Just Listen to Microsoft and Google.
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    Alphabet stock rallies after second quarter results beat expectations
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    Is Tesla Stock A Buy Or A Sell After Cathie Wood Unloads Another $5 Million Of TSLA?
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    Silicon Motion Stock Soars as China Unexpectedly Approves Sale to MaxLinear
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    SunPower Slashes Guidance on Weakening Demand. The Stock Is Tumbling.
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    'So Unprecedented': Kevin O'Leary Says Bud Light Is The Gift That Keeps On Giving, Plans To Teach Its 25% Market Share Collapse To College Students
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    PacWest is helping regulators make their case for bolstering US banks
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    Where to Put Your Cash After the Fed Raises Interest Rates
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    Ask an Advisor: We Are 70 Years Old, Have $99K in Retirement Income, a $1.4M IRA and Other Investments. Is It Too Late to Convert to a Roth?
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    AT&T Beats Profit Estimates as Cost-Cutting Efforts Pay Off
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    Stocks open lower with Fed decision, tech earnings in focus: Stock market news today
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    Intel Stock Short Strangle Could Generate $135 In Option Premium, But This Is The Risk
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    How Bad Is China’s Economy? Millions of Young People Are Unemployed and Disillusioned
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    DISH Stock Jumps as Boost Comes to Amazon
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    Just Eat CEO Says Grubhub Sale Is Proving ‘Very Difficult’
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    Union Pacific Names Veteran Rail Executive Jim Vena as CEO
    The railroad company named veteran rail executive Jim Vena chief executive, after a major shareholder called for the current CEO’s removal.  ( 25 min )
    Union Pacific hires CEO hedge fund recommended as 2Q profit fell 15% on weaker demand
    Union Pacific hired the CEO Wednesday that a hedge fund pressuring the railroad to improve recommended earlier this year, and it cut its outlook after reporting disappointing results driven by weakening consumer demand. The Omaha, Nebraska-based railroad said its former chief operating officer Jim Vena will take over as CEO next month. The Soroban Capital Partners hedge fund that holds a $1.6 billion stake in Union Pacific had been urging the railroad to hire Vena because of his expertise in streamlining operations.  ( 7 min )
    $2 Million Will Last You This Long if You Retire at 55
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    Looking for Bargain Stocks? Morningstar Says These Are Cheap
    Now might be a good time to buy. That's the takeaway from a recent Morningstar analysis, which reported in on a seeming contradiction in stock prices. The market as a whole, Morningstar writes, is expensive. But those prices are a bargain … Continue reading → The post Looking for Bargain Stocks? Morningstar Says These Are Cheap appeared first on SmartAsset Blog.  ( 10 min )
    Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs?
    I am approaching the time when I'll take required minimum distributions (RMDs) from my individual retirement account (IRA). I am in a quandary about what I can do with this anticipated largesse of cash. I do not necessarily need the … Continue reading → The post Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs? appeared first on SmartAsset Blog.  ( 8 min )
    6 Smart & Simple Ways to Turn $20,000 Into Steady Passive Income
    If you're looking to receive passive income with your investments, there are many ways to do it. While your best choice will depend on certain factors, such as your age and risk tolerance, there are many ways to invest $20,000. … Continue reading → The post How to Invest $20,000 for Passive Income appeared first on SmartAsset Blog.  ( 8 min )
    Can I Make $1,000 Bucks Every Month in Dividends?
    Dividends are the bread and butter of income investors. You don't need to sell your assets or spend hours every day managing your accounts. Instead, dividend stocks simply generate income on their own. Putting together a portfolio that generates at least … Continue reading → The post How to Make $1,000 a Month in Dividends appeared first on SmartAsset Blog.  ( 10 min )
    Ask an Advisor: How Much Money Can I Earn Working After Taking Social Security at Age 62?
    How much am I able to earn from an employer if I opt to take my Social Security at age 62 next year? – Glenn To be very clear, you can earn as much money as you want while collecting … Continue reading → The post Ask an Advisor: How Much Money Can I Earn Working After Taking Social Security at Age 62? appeared first on SmartAsset Blog.  ( 41 min )
    Volkswagen to expand China line-up with Xpeng, SAIC partnerships
    Volkswagen on Wednesday announced two agreements aimed at strengthening the German carmaker's position in the Chinese market, including a partnership between the Volkswagen brand and China's Xpeng Inc to build two new models. Volkswagen and Xpeng agreed to develop two new VW brand models on the MEB platform at Volkswagen's new technology center in Hefei, to be rolled out from 2026 and featuring Xpeng software on autonomous driving.  ( 6 min )
    Boeing gains after cash flow beats estimates, production guidance reaffirmed
    Boeing stock is climbing higher as the company announced a narrower loss and revenue beat for the second quarter, and reaffirmed its profit and delivery guidance.  ( 8 min )
    GE Soared and RTX Struggled. What Wall Street Is Saying About the Engine Makers.
    Both makers of aircraft engines reported higher earnings than expected, but RTX stock tanked because of a quality problem with a key engine.  ( 26 min )
    Global Stocks to Watch Wednesday: Rolls-Royce, NatWest, LVMH
    ↘️ LVMH (LVMUY): The conglomerate's sales fell slightly in the U.S., in the latest sign that luxury-goods demand [is starting to slow](https://www.wsj.com/articles/lvmh-posts-sharp-rise-  ( 23 min )
    REITs with Massive Dividend Yields: A Close Look At Five Key Players
    As real estate investment trusts (REITs) continue to attract investors seeking consistent income, the focus increasingly shifts to dividend yields—a crucial metric for those eyeing regular income streams. This piece explores five publicly traded REITs with impressive dividend yields, providing insights for potential REIT investors looking to expand their portfolios. SL Green Realty Corp (NYSE:SLG) SL Green Realty Corp specializes in acquiring, managing, and maximizing the value of Manhattan comm  ( 8 min )
    Israeli chipmaker Tower beats revenue estimates on demand from automakers
    Demand from the automotive industry has emerged as a bright spot for the chip industry at a time other clients are cutting back on orders, as carmakers had faced a severe semiconductor shortage over the past two years and their supply chains have only started normalizing in 2023. Israel-based Tower provides customers with analog and mixed-signal semiconductors, mainly for the automotive and consumer industries.  ( 7 min )
    Stellantis CEO says Tesla margins hurt as EV maker faces reality check
    Stellantis head Carlos Tavares said on Wednesday that the profitability of Tesla was declining as the rival U.S. automaker entered the real world of manufacturing and competition. "They are entering my world, the world of tight pricing, cost competitiveness, and the operational issues that a big company like ours may face," Tavares told the press, presenting first half results for the Franco-Italian automaker. "The result of the fact that Tesla is now entering my world, is that their profitability moved from more than 17% in the first half of 2022 to 10.5% in the first half of 2023," he said.  ( 39 min )
    Investors Massively Shorting 12 Meme Stocks Are Playing With Fire
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    Boeing loses $149 million in Q2 as the plane maker is pushing ahead with production increases
    Boeing flipped to a $149 million loss in the second quarter despite higher revenue, as the plane maker struggled with higher costs in both its airline and defense business. Boeing said it is beginning to increase production of its two most popular airline planes. Boeing is also boosting output of the larger, two-aisle 787 Dreamliner from four to five per month by year end.  ( 7 min )
    Coca-Cola Raises Full-Year Guidance as Demand Remains Strong
    Coca-Cola reports second-quarter adjusted earnings of 78 cents a share on revenue of $12 billion.  ( 26 min )
    Boeing Reports $149 Million Loss as Defense Charges Pile Up
    The aerospace giant said it is increasing jetliner production as planned while reducing its debt.  ( 26 min )
    Gen Z intern shocks recruiter with list of demands including working no more than 5 hours, a start-up culture and an above average salary
    The cost of work-life balance shouldn't be the working day, career experts told Fortune.  ( 8 min )
    Boeing boosts monthly 737 production to 38, posts upbeat earnings
    Its defense business, however, continued to face challenges, with three major fixed-price programs - NASA's Starliner capsule, the U.S. Air Force's T-7 training jet and U.S. Navy's MQ-25 tanker drone - recording about half a billion in charges in the second quarter. Boeing reiterated its plan to generate $3 billion to $5 billion in free cash flow this year, as well as to deliver at least 400 single-aisle 737s and 70 787 Dreamliners in 2023. Boeing Commercial Airplanes head Stan Deal said in June that the company would ramp up narrowbody production to 38 a month "very soon."  ( 7 min )
    Analyst Report: Avery Dennison Corp.
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    Analyst Report: Huntington Bancshares, Inc.
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    Analyst Report: Moody`s Corp.
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    The IRS May Be Cutting You a Break on Your RMDs This Year
    If you’re confused about the rules surrounding required minimum distributions from retirement accounts in 2023, the IRS is offering some much-needed clarification – and relief. A financial advisor can help you plan for RMDs and manage your taxes in retirement. Find a fiduciary advisor today. When the SECURE 2.0 Act was signed into law in […] The post The IRS May Be Cutting You a Break on Your RMDs This Year appeared first on SmartReads by SmartAsset.  ( 8 min )
    Daily Spotlight: Min Vol: More than a Defensive Strategy
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    Technical Assessment: Neutral in the Intermediate-Term
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    Market Digest: AVY, GE, GLW, HBAN, HD, MCO, NXPI
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    AT&T Earnings, Free Cash Flow Beat Estimates But Wireless Subscriber Adds Miss
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    Bitcoin Risks Deeper Price Losses Below 50-Day Average: Analysts
    A break below the 50-day simple moving average would shift the focus to long-term support near $25,200, one analyst said.  ( 40 min )
    Stock futures fall with Fed decision, tech earnings in focus: Stock market news today
    Stock futures slid Wednesday in the countdown to the Federal Reserve's interest-rate decision, as investors weighed Microsoft and Alphabet results.  ( 7 min )
    Taiwan chipmaker UMC sees 'uncertain' demand, gearing up for AI
    Taiwanese chipmaker United Microelectronics Corp (UMC) said on Wednesday that it sees "uncertain" demand in the third quarter but stuck to its 2023 capital spending plans as its gears up to meet customer demand for artificial intelligence (AI). The semiconductor industry has come under pressure as global economic woes dent demand for chips used in everything from cars to cellphones. UMC's bigger Taiwanese rival TSMC, the world's largest contract chipmaker, last week forecast a drop of around 10% in 2023 sales and flagged investment spending at the low end of estimates.  ( 39 min )
    JPMorgan Sees Gold Charging to Records in 2024 as Fed Cuts Rates
    (Bloomberg) -- JPMorgan Chase & Co. sees an opportunity in gold ahead of a likely US recession, predicting prices will push past $2,000 an ounce by year-end and hit fresh records in 2024 as interest rates start to fall.Most Read from BloombergChina Replaces Foreign Minister After Mysterious AbsenceRolex, Patek Prices to Keep Falling as Supplies Remain High, Morgan Stanley Says‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaTwitter Turning Into X Set to Kill Billions in Brand Valu  ( 8 min )
    AT&T tops free cash flow estimates on cost cuts, subscriber additions
    The telecom firm posted free cash flow of $4.2 billion in the three months ended June, compared with analysts' estimates of $3.60 billion, according to Visible Alpha. The results marked an improvement from the first quarter and showed the benefits of a cost-cutting plan that helped shave off more than $1 billion in operating expenses during the reported period through measures such as a reduction in office locations. A lower cost bill is crucial for AT&T as it needs a steady flow of cash to service its net debt of $132 billion and support a dividend that is among the highest for U.S stocks.  ( 7 min )
    Friends Who Help Manage $640 Billion Clash on China Bonds
    (Bloomberg) -- Three Japanese market veterans ruminating over beer in Tokyo whether Chinese debt is the deal of the century or the road to ruin sum up the dilemma global investors face in deciding to play in the world’s second-largest bond market.Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsUK Billionaire Joe Lewis Charged in US With Insider TradingRolex, Patek Prices to Keep Falling as Supplies Remai  ( 33 min )
    These Stocks Are Moving the Most Today: Microsoft, Alphabet, Snap, PacWest, AT&T, and More
    Both Microsoft and Alphabet report better-than-expected earnings and highlight their investments in artificial intelligence, Snap stock tumbles on a disappointing revenue forecast, PacWest Bancorp is being acquired, and AT&T is scheduled to post quarterly results.  ( 26 min )
    Stellantis profits soar 37% in first half of the year as electric vehicle sales rise
    U.S.-European carmaker Stellantis on Wednesday reported a 37% boost in earnings in the first half of the year, driven by strong North America income and an increase in electric vehicle sales in Europe. Sales of all-electric vehicles rose by 24% to 169,000 vehicles as Stellantis became the third-largest producer of EVs in Europe, led by the Fiat New 500, Open Mokka and Citroen Berlingo. Stellantis has 25 electric vehicles on the market and is launching another 23 by the end of next year.  ( 6 min )
    Powell Has Stopped Handing Gifts to Wall Street on Fed Day
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    Rolls-Royce shares surge after upgrade in profit forecast
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Deutsche Bank Profit Falls 22% on Higher Costs
    Deutsche Bank reported a fall in quarterly profit on higher costs. But it will resume share buybacks as revenue continues to rise. Some highlights from second-quarter earnings at Germany's biggest bank: Net profit fell 22% to €940 million, or about $1 billion, topping consensus forecasts for €74  ( 23 min )
    Rio Profits and Dividend Slide as China Slowdown Bites
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    Rio Tinto profit misses on iron ore price slump, cuts dividend
    Iron ore accounts for 70% of Rio Tinto's profits and its prices could improve going forward as Beijing has pledged to roll out more policies to boost growth after the world's second-largest economy struggled with an uneven recovery in the first half. Average realised prices for Pilbara iron ore slipped to $98.6 per wet metric tonne (wmt) in the first half, 11.1% below last year. The world's largest iron ore producer reported underlying earnings of $5.7 billion for the six months ended June 30, lower than last year's $8.63 billion and a consensus of $5.85 billion, according to Visible Alpha.  ( 7 min )
    This Could Be the Fed’s Last Rate Hike. It’s Time to Buy Bonds.
    If you've been hiding out in cash, consider adjusting your portfolio.  ( 26 min )
    Nissan seals Renault deal, now faces hard yards in China
    TOKYO/PARIS (Reuters) -Nissan will invest up to $663 million in Renault's new electric vehicle unit, the automakers said on Wednesday, as they finalised terms of their restructured partnership after months of negotiation clouded by tension. Talks between the two had dragged on months longer than expected, Reuters has reported, due in part to Nissan's concern about protecting its intellectual property in future collaborations.  ( 40 min )
    Jeffrey Epstein withdrew up to $80,000 in cash 'several times a month' while he paid girls for 'massages,' court filings say
    The now-dead pedophile's massive cash withdrawals rang alarm bells at JPMorgan, but he was also one of the bank's most important clients.  ( 10 min )
    Deutsche Bank flags cost cuts as investment bank slump lowers profit
    FRANKFURT (Reuters) -Deutsche Bank posted on Wednesday a 27% fall in second-quarter profit as investment banking revenues slumped, but the drop was lower than expected as higher interest rates fuelled gains at the retail division. Net profit attributable to shareholders was 763 million euros ($843.04 million), down from 1.046 billion euros a year earlier but better than analyst expectations for profit of around 571 million euros. The German lender downgraded its outlook for the investment bank, saying it now expected revenues to be slightly lower in 2023, compared to a previous forecast for flat revenue.  ( 7 min )
    Meta Reports Earnings Today. What to Expect.
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    Microsoft, Google Are Key Earnings Movers Late After S&P 500 Hits New High; Fed Rate Hike Due
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  • Open

    Are Monopolies Always Bad?
    Governments sanction some monopolies, such as monopolies over public utilities, and these monopolies are good for the public interest.  ( 20 min )
    How Is Covariance Used in Portfolio Theory?
    Learn how covariance is used to reduce risk in modern portfolio theory, how covariance is calculated and how it is used to provide portfolio diversification.  ( 19 min )
    Top CDs Today: Rates Rise on Fed Day
    See what today's best CD rates are in every term and how they compare to the previous day's top rates. We track daily CD rates from more than 200 banks and credit unions.  ( 18 min )
    These Sectors Benefit From Rising Interest Rates
    An environment where interest rates are rising can offer opportunities within the equity space. These are the sectors that tend to benefit from rising rates.  ( 26 min )
    Student Debt: What it Means, How it Works, Forgiveness
    Student debt refers to loans used to pay for college tuition and repaid after the student graduates or leaves school.  ( 23 min )
    S&P 500 Gains and Losses Today: Stocks Mixed After Fed Lifts Rates
    The S&P 500 was little changed on Wednesday, July 26, 2023 after the Federal Reserve raised interest rates to fight inflation.  ( 17 min )
    Dow Jones Today: Index Notches Longest Streak in 36 Years
    Dow nearly gives up a 170-point intraday trading gain before finishing in the green for the 13th straight session.  ( 17 min )
    Texas Instruments Warns of Slump in Chip Demand, Shares Slide
    TI shares lost ground after the semiconductor maker warned a slump in demand would impact current quarter results.  ( 16 min )
    Amazon Debuts HIPAA-Eligible Generative AI for Healthcare Providers
    Amazon's Generative AI service is intended to save doctors' time spent on healthcare documentation.  ( 17 min )
    How Your Mortgage Affects Your Credit Score
    It takes a good credit score to get favorable mortgage rates, but how you pay a mortgage will shape your score. Just having one can lower it at first.  ( 22 min )
    Boeing Shares Soar as Plane Deliveries Take Off
    Boeing was the best-performing stock in the Dow after the plane maker reported a lower-than-expected quarterly loss and a big jump in aircraft deliveries.  ( 16 min )
    The Cost of Battling Inflation: $691 a Month for Borrowers
    Interest rates have gone up yet again, putting more pressure on borrowers who are already paying nearly $700 a month more for typical loans than when the Fed’s anti-inflation battle began.  ( 20 min )
    SEC's New Rules Target Algorithms and Gamification Tools That Encourage Trading
    The SEC enhanced rules Wednesday that will impact trading platforms such as Robinhood (HOOD) that use predictive analytics to encourage trading. The move comes nearly two and a half years after 'gamification of trading' helped fuel the meme stock frenzy.  ( 18 min )
    Homo Economicus: Meaning, Overview, Criticisms
    Homo economicus is a financial term that refers to the belief that a human is a rational person who makes economic decisions that are always in their own self-interest.  ( 21 min )
    How To Value Real Estate Investment Property
    Real estate valuation helps you choose better investments. Learn what capitalization rate means and techniques for valuing real estate.  ( 30 min )
    Apportionment: Overview, Applications, FAQ
    An apportionment is the allocation of a loss between all of the insurance companies that insure a piece of property. It's used to determine a percentage of liability for each insurer.  ( 21 min )
    In a Bid to Finish Off Inflation, Fed Raises Interest Rate to 22-Year High
    With the economy’s inflation fever showing signs of breaking, the Fed is administering more of its tough medicine.  ( 17 min )
    Will Today’s Fed Rate Hike Push CD Rates Even Higher?
    The best CDs are already paying record rates, but today's Fed rate hike could nudge them higher still. Here's what to expect for CD rates going forward.  ( 17 min )
    New Home Sales Slow in June
    New home sales dropped 2.5% from May but were up 23.8% year-over-year.  ( 17 min )
    Is Demand or Supply More Important to the Economy?
    Learn more about the impact of supply and demand in an economy. Find out why companies study supply and demand as part of market research.  ( 22 min )
    How Do Economies of Scale Work With Globalization?
    Discover how globalization can lead to unprecedented economies of scale for firms across the world, leading to higher global efficiency and productivity.  ( 20 min )
    10 Biggest Silver Mining Companies
    With Industrias Penoles leading the pack, these are the 10 biggest silver mining companies by 12-month trailing revenue.  ( 21 min )
    Snap Warns About Current-Quarter Sales as it Tries to Boost Ad Revenue
    Snap shares sank as the owner of the Snapchat app warned about current-quarter revenue amid a slump in ad demand.  ( 16 min )
    How to Save for Retirement Without a 401(k)
    Retirement planning is tricky, especially if you don't have a 401(k). Good news: There are plenty of other ways to save, including through a Roth IRA or a brokerage account.  ( 24 min )
    When Do Mutual Funds Update Their Prices?
    Learn when mutual funds update their price or net asset value (NAV) and why this is different for open-end mutual funds versus closed-end funds.  ( 19 min )
    Markets Mixed and Little Changed at Midday Ahead of Fed Decision
    U.S. equities were mixed and little changed at midday on Wednesday, July 26, 2023, ahead of the Fed's decision on interest rates.  ( 16 min )
    Eco-Friendly Car Sales Helped Stellantis Break a 7-Quarter Losing Streak
    The automotive maker's sales grew 6% after seven quarters of year-over-year declines.  ( 17 min )
    30-Year Mortgage Rates Rise for a Second Day
    Rates on 30-year mortgages rose for a second day, raising the flagship average within the lower-7% range seen over the past two weeks. Most other averages moved up as well.  ( 20 min )
    Coca-Cola Raises Outlook After Double-Digit Earnings Rise
    The global beverage giant sees increased 2023 profit and revenue on higher prices, as global case volume stays flat.  ( 17 min )
    5/6 Hybrid Adjustable-Rate Mortgage (ARM) Definition
    A 5/6 hybrid adjustable-rate mortgage (ARM) has an initial fixed interest rate for five years, then adjusts every six months.  ( 20 min )
    Robert Half Profit and Sales Miss Estimates as Clients Cut Back on Hiring
    Robert Half shares dropped after its earnings and revenue missed analysts' estimates as clients cut back on hiring because of macroeconomic uncertainty.  ( 16 min )
    Balloon Mortgage: Definition, Examples, Pros & Cons
    A balloon mortgage is a loan with low initial payments but requires the borrower to repay the balance in full in a lump sum.  ( 21 min )
    How to Pre-Qualify for a Loan
    Before taking out a personal loan, you should pre-qualify with several lenders to find the best possible rates. We’ll show you how to pre-qualify for loans and compare your options.  ( 23 min )
    How to Get an Auto Equity Loan
    Learn the steps you need to take to compare lenders, qualify, and get the best rates and terms with an auto equity loan.  ( 25 min )
    AT&T Beats Profit Estimates as Cost-Cutting Efforts Pay Off
    AT&T (T), America's biggest telecom company by revenue, reported robust second-quarter earnings as its cost-cutting plan paid off, amid an ongoing 5G rollout and stronger than expected subscriber gains.  ( 19 min )
    Measuring Economic Conditions: GNI or GDP?
    Discover why gross national income may be a better economic metric than gross domestic product when a country receives substantial income from foreign sources.  ( 21 min )
    Medical Debt: What to Do When You Can’t Pay
    There’s no shame in having medical debt that you can't pay. Here's how to get help.  ( 26 min )
    Variable Universal Life (VUL) Insurance: What It Is, How It Works
    Variable universal life (VUL) insurance is a permanent life insurance policy with a savings component in which cash value can be invested.  ( 24 min )
    Alibaba Cloud to Support Meta AI Model for Chinese Users
    ADRs of Alibaba and Meta shares rose after the Chinese company said the American tech giant's AI model can be used by enterprise clients of Alibaba Cloud.  ( 16 min )
    PacWest Shares Soar After Merger with Rival Banc of California
    Imperiled bank PacWest shares soared in early trade on Wednesday after news of its merger with smaller rival Banc of California in a $1.1 billion all-stock deal.  ( 17 min )
    How Many Times Can You Refinance a Car Loan?
    There is no limit to the number of times you can refinance a car loan, so you could refinance as many times as you like. Here's how to know if it makes financial sense.  ( 22 min )
    Top 8 Most Tradable Currencies Worldwide
    Currencies can provide diversification for a portfolio that's in a rut. Find out which ones you need to know.  ( 32 min )
    Microsoft Shares Drop as Azure Growth Slows, AI Bet Yet To Pay Off
    Microsoft shares lost some of the recent momentum generated by its push for artificial intelligence (AI) as the company's fourth quarter earnings report highlighted a slowdown in its Azure cloud and Windows PC businesses.  ( 18 min )
    5 Things to Know Before Markets Open
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    Alphabet Earnings Beat Expectations As Cloud Segment Grows Rapidly
    A pick up in advertising revenue in the second quarter for search and YouTube, helped parent Alphabet Inc. beat analyst estimates after weak ad spending driven by macroeconomic concerns dragged earnings in prior quarters.  ( 18 min )
    Visa's Q3 Profit Boosted by Consumer Spending and Summer Travel Demand
    Visa's Q3 profit rose 22% year-over-year as consumers continue to spend, especially on travel. However, shares traded slightly in the red after-hours as profit rose over the previous quarter at the slowest pace since 2021.  ( 18 min )
    Creating a Tax-Deductible Canadian Mortgage
    Mortgage interest is not deductible in Canada, but this strategy could allow you to get the financial benefit anyway.  ( 24 min )
  • Open

    Dow Jones Today: Index Notches Longest Streak in 36 Years
    Dow nearly gives up a 170-point intraday trading gain before finishing in the green for the 13th straight session.  ( 1 min )
    S&P 500 Gains and Losses Today: Stocks Mixed After Fed Lifts Rates
    The S&P 500 was little changed on Wednesday, July 26, 2023 after the Federal Reserve raised interest rates to fight inflation.  ( 1 min )
    Markets Mixed and Little Changed at Midday Ahead of Fed Decision
    U.S. equities were mixed and little changed at midday on Wednesday, July 26, 2023, ahead of the Fed's decision on interest rates.  ( 1 min )
    5 Things to Know Before Markets Open
    The Federal Reserve is expected to hike interest rates to their highest levels in 22 years and Microsoft shares fell after its forward guidance didn’t meet analyst expectations. Here’s what investors need to know today.  ( 1 min )
  • Open

    OM start onderzoek naar Heineken om gesjoemel met statiegeldblikjes
    Het Openbaar Ministerie (OM) is een strafrechtelijk onderzoek gestart naar Heineken. Dat bevestigt een woordvoerder aan het ANP na eerdere berichtgeving van het AD. De bierbrouwer zou blikjes zonder statiegeld hebben gebruikt toen dat al niet meer mocht.  ( 3 min )
    Federal Reserve verhoogt rente naar hoogste stand sinds 2001
    De Federal Reserve, het Amerikaanse stelsel van centrale banken, heeft de rente voor de elfde keer op rij verhoogd. Er komt een kwart procentpunt, of 25 basispunten, bij. De belangrijkste rentestand komt daarmee op het hoogste punt in 22 jaar.  ( 3 min )
    Coca-Cola boekt flinke winst door prijsverhogingen
    Coca-Cola heeft in het tweede kwartaal een derde meer winst gemaakt dan in dezelfde periode vorig jaar. Dat komt vooral doordat de frisdrankproducent de prijzen heeft verhoogd.  ( 3 min )
    Twitter nam account @X over van vorige eigenaar zonder ervoor te betalen
    Twitter verandert in X. Het officiële account van het sociale netwerk heet inmiddels al X. De vorige eigenaar van @X moest zijn profiel afstaan. "Ze hebben het me in principe gewoon afgenomen", zegt hij tegen de Britse krant The Telegraph.  ( 4 min )
    Inflatie of niet, dure tassen en juwelen blijven populair
    De inkomsten van LVMH, het bedrijf achter luxemerken als Louis Vuitton en Tiffany's, stegen in het eerste half jaar met 15 procent. Vooral in Europa en Azië liepen de verkopen flink op.  ( 3 min )
    Overheid verwijdert drieduizend DigiD-accounts die online werden verhandeld
    Logius heeft in juni 3.154 actieve DigiD-accounts van Nederlandse burgers verwijderd. Dat deed de overheidsinstantie, omdat de accounts werden aangeboden op de criminele handelswebsite Genesis Market.  ( 3 min )
    Indiërs grijpen naar blikken tomatenpuree in plaats van dure verse tomaten
    Nu de prijzen van tomaten in India met 500 procent zijn gestegen, grijpen mensen daar massaal naar de tomatenpuree. In de Indiase keuken blijft de verse tomaat steeds vaker achterwege.  ( 3 min )
    Samsung komt met nieuwe vouwtelefoons en heeft weinig last van concurrentie
    Samsung kondigde dinsdag twee nieuwe vouwtelefoons aan: de Galaxy Z Flip 5 en de Galaxy Z Fold 5. Hoewel de wowfactor minder wordt, ziet het Zuid-Koreaanse merk nog een grote toekomst weggelegd voor opvouwbare telefoons.  ( 6 min )
    Inflatie of niet, we blijven dure tassen en juwelen kopen
    De inkomsten van LVMH, het bedrijf achter luxemerken als Louis Vuitton en Tiffany's, stegen in het eerste half jaar met 15 procent. Vooral in Europa en Azië liepen de verkopen flink op.  ( 3 min )
    Automerken presenteren ronkende verkoopcijfers, terwijl orderboeken leeglopen
    Autobedrijven laten ronkende verkoopcijfers zien over het eerste half jaar van 2023. Maar een deel van de verkochte auto's is eigenlijk vorig jaar al besteld. De orderboeken van Nederlandse autodealers zijn nu leger dan vorig jaar.  ( 5 min )
    Einde lockdowns doet Thuisbezorgd pijn: 12 procent minder bestellingen
    Just Eat Takeaway, het moederbedrijf van Thuisbezorgd, verkocht in de eerste zes maanden van dit jaar 12 procent minder maaltijden. Begin vorig jaar gingen extra veel maaltijden over de toonbank, omdat toen nog lockdowns van kracht waren.  ( 3 min )
    Omstreden VPN-app leidt tot miljoenenboete voor Facebook-moederbedrijf Meta
    Meta moet in Australië een boete van 20 miljoen dollar betalen. Het bedrijf verzamelde persoonlijke gegevens van mensen die een VPN-app gebruikten, waarmee hun privacy juist beter beschermd moest worden.  ( 3 min )
    Het Franse Danone schrijft 200 miljoen euro af na overname in Rusland
    Het Franse yoghurtjesbedrijf Danone neemt voor nu afscheid van haar bezittingen in Rusland. De bestuursleden en de CEO zijn inmiddels allemaal vervangen, zonder inspraak of toestemming van Danone zelf.  ( 3 min )
    Techreuzen Alphabet en Microsoft lopen binnen door hun clouddiensten
    Alphabet, het moederbedrijf van Google, boekte meer winst in het tweede kwartaal dan een jaar eerder. Microsoft zag de winst zelfs stijgen met 20 procent. Dat hebben de concurrenten onder meer te danken aan de opbrengst van hun clouddiensten.  ( 4 min )
    Wat is er aan de hand bij de verpakkingsvrije supermarkt Pieter Pot?
    De online winkel Pieter Pot heeft klanten gevraagd om extra geld op hun accounts te zetten. Dat moet leveranciers weer het vertrouwen geven om de schappen van de verpakkingsvrije winkel te vullen. Een ludieke actie of een laatste noodgreep?  ( 6 min )
  • Open

    PacWest Shares Soar After Merger with Rival Banc of California
    Imperiled bank PacWest shares soared in early trade on Wednesday after news of its merger with smaller rival Banc of California in a $1.1 billion all-stock deal.  ( 1 min )

  • Open

    SK Hynix says memory chip recovery has begun, flags robust AI demand
    South Korea's SK Hynix posted a quarterly operating loss on Wednesday as overall memory chip prices remained low due to weak demand. The world's second-biggest memory chipmaker reported a 2.9 trillion won ($2.28 billion) operating loss in the April-June quarter, from 4.2 trillion won profit a year earlier. This compared with expectations for a 2.7 trillion won operating loss, according to 22 analyst views compiled by Refinitiv SmartEstimate, weighted toward analysts that are more consistently accurate.  ( 39 min )
    JPMorgan executive joked about the 'nymphettes' Jeffrey Epstein kept in his house: court docs
    The US Virgin Islands included the detail in a new filing for a lawsuit alleging JPMorgan knew for years that Epstein was trafficking girls for sex.  ( 6 min )
    3 Under-The-Radar EV Stocks For A Summer Of Disruption
    Everything around us is being electrified, but where Tesla may be the standard in electric cars, there are a couple of competitors that are rapidly gaining market share  ( 16 min )
    Texas Instruments’ Lukewarm Forecast Indicates Slump Will Persist
    (Bloomberg) -- Texas Instruments Inc., the biggest maker of analog semiconductors, gave a lukewarm earnings forecast for the current period, indicating that a slump in demand for key types of electronics is dragging on.Most Read from Bloomberg‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaChina Replaces Foreign Minister After Mysterious AbsenceTwitter Turning Into X Set to Kill Billions in Brand ValueMusk Explains Why He’s Axing Twitter Name, Iconic Bird LogoWho Wants to Keep Hi  ( 7 min )
    Stock Market Forecast For The Next Six Months: After Big Gains In Tech Stocks, Eye These Caution Signs
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    Microsoft Cloud Business Boosts Results, But Shares Sink On Outlook
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    Visa profits rise as global customers increasingly use credit and debit cards instead of cash
    Visa Inc. said its adjusted third-quarter profits rose by nearly double digits, as the global payments company continues to benefit from the broad shift by consumers to using credit and debit cards instead of cash. Excluding that one-time cost, Visa's adjusted profits rose 7% from a year earlier. Visa said its payments volume rose 9% from a year earlier, while the number of processed transactions on Visa's network increased 10% from a year earlier.  ( 7 min )
    PACW Stock Rallies After PacWest Earnings, Buyout Deal; Banc Of California Leaps
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    Boeing and GE Dethrone RTX as Most Valuable Aerospace Company
    (Bloomberg) -- New errors with RTX Corp.’s Pratt & Whitney jet engines pushed the aviation and defense giant from its perch as the world’s most valuable aerospace company on Tuesday, losing $15 billion in market capitalization over the course of the trading day. Most Read from BloombergChina Replaces Foreign Minister After Mysterious Absence‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaTwitter Turning Into X Set to Kill Billions in Brand ValueRolex, Patek Prices to Keep Falling  ( 7 min )
    ‘Load Up,’ Says Raymond James About These 2 ‘Strong Buy’ Stocks
    There have been abundant returns for investors this year as the markets have staged a remarkable comeback following 2022’s rout. But with both the S&P 500, and particularly the NASDAQ, delivering excellent returns, the big hitters have been responsible for much of the market gains. Raymond James CIO Larry Adam summed it up, saying, “Narrow leadership has been a key theme in the positive performance year-to-date, with mega-cap tech the main driver of the market’s performance… In our 3Q Outlook, w  ( 10 min )
    Singapore's GIC bets on China after scoring 8-year-high returns
    Singapore sovereign wealth fund GIC, one of the world's biggest investors, plans to continue investing in China despite geo-political tensions after chalking up its best showing in eight years in the financial year ended March. Its group chief investment officer Jeffrey Jaensubhakij told Reuters GIC was keen to invest in Chinese companies that do business within China and do not export to the United States. "There are some 'China for China' type of investments that still make sense," he said.  ( 39 min )
    'Bond King' Bill Gross predicts stocks will drop as US and China slowdowns overshadow AI hype
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    iRobot Shares Plunge After Amazon Lowers Purchase Price
    Shares of iRobot tumbled on Tuesday after Amazon said it would lower its purchase price of the home robot maker, which the tech giant bought for $1.7 billion last August in an effort to expand its offerings of smart devices.  ( 18 min )
    Google Earnings, Revenue Beat Estimates As Porat Promoted To President
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    Texas Instruments Tops Views On Robust Automotive Chip Sales
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    A long-time market bear who called the 2000 and 2008 crashes warns the S&P 500 could plummet 64%, bursting a historic bubble
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    PacWest agrees to combine with Banc of California
    The deal, if reached, would end the independence of a regional lender that came under intense scrutiny following the downfall of Silicon Valley Bank.  ( 9 min )
    Ammo Inc., Scottsdale online firearms dealer, names new CEO
    The new CEO of the #Scottsdale company has 17 years of experience in the firearms and ammunition sector. #phoenix $POWW  ( 15 min )
    Alphabet’s longest-serving CFO Ruth Porat promoted, stock surges over 6% on earnings beat
    Porat will remain CFO while the company searches for and selects her successor.  ( 7 min )
    AT&T’s Earnings Are Coming. The Lead Issue Might Not Be Cleared Up.
    The telecommunications company is expected to report second-quarter earnings of 60 cents a share on revenue of $29.96 billion.  ( 26 min )
    Boeing Earnings Are Coming. Please, No Surprises.
    Analysts are expecting a per-share loss of 88 cents from sales of $18.5 billion. But estimates are wide, from a loss of almost 1.30 to a loss of 35 cents.  ( 26 min )
    Microsoft reports $20.1B quarterly profit as it promises to lead 'the new AI platform shift'
    Microsoft on Tuesday reported fiscal fourth-quarter profit of $20.1 billion, or $2.69 per share, beating analyst expectations for $2.55 per share. CEO Satya Nadella said the company remains focused on “leading the new AI platform shift.” Microsoft was an early mover in this year's hype around “generative AI” tools that can help people write documents and create new images and other media.  ( 8 min )
    Texas Instruments Guidance Falls Short. The Stock Is Dropping.
    The company kicks off the profit-reporting season for the U.S. chip-manufacturing industry.  ( 26 min )
    RTX Shares Sink as the Defense Contractor Deals with a Defective Engine Part
    Shares of RTX, formerly Raytheon, plunged as the company revealed it is dealing with a defective engine part.  ( 17 min )
    Microsoft stock drops as Azure growth slows, earnings top estimates
    Microsoft reported fourth quarter results on Tuesday with investors focused on cloud growth, AI, and any updates on the pending acquisition of Activision Blizzard.  ( 8 min )
    Billionaire Leon Black is accused in lawsuit of raping autistic girl
    The billionaire investor Leon Black was sued on Tuesday by an autistic woman who says he raped her in the disgraced financier Jeffrey Epstein's mansion in Manhattan in 2002, when she was 16. In a complaint filed in Manhattan federal court, the woman, using the pseudonym Jane Doe, said that as she was preparing to give Black a massage, Black pinned her down and penetrated her with sex toys, causing her to bleed. She said Epstein later found her crying, but refused to let her see a doctor and said longtime associate Ghislaine Maxwell would take care of her.  ( 6 min )
    Microsoft fourth quarter results top estimates as Azure revenue growth declines
    Microsoft reported fourth quarter results on Tuesday with investors focused on cloud growth, AI, and any updates on the pending acquisition of Activision Blizzard.  ( 8 min )
    Alphabet profit beats expectations, CFO Porat to assume new role
    Google-parent Alphabet's second-quarter revenue exceeded Wall Street expectations on Tuesday, helped by steady demand for its cloud services and a rebound in advertising. Revenue for the quarter ended June 30 stood at $74.6 billion, compared with estimates of $72.82 billion, according to Refinitiv data.  ( 6 min )
    PacWest stock sinks on report of sale to Banc of California
    The deal, if reached, would end the independence of a regional lender that came under intense scrutiny following the downfall of Silicon Valley Bank.  ( 7 min )
    Wall Street’s biggest bull says his inflation call was the main reason he’s been proven right this year—but there’s also his faith in corporate America
    In the land of the bears, Tom Lee is the bull that had a 2023 stampede. “Corporate resilience” should never be counted out, he told CNBC.  ( 8 min )
    Why Falling Inflation Is Bad News for the Stock Market
    The S&P 500 is rising partly because investors think the Fed is nearly finished increasing interest rates to rein in rising prices.  ( 26 min )
    Vertex Energy's Mobile refinery exceeds production expectations despite supply disruption
    A Houston-based company's refinery — which was purchased from Shell last year — has exceeded expectations despite supply disruption.  ( 10 min )
    Netflix lists $900,000 AI job as actors and writers continue to strike
    Will this pair of Hollywood strikes ever end? It looks like the big corporations are digging in for a long battle, illustrated by Netflix’s recent job posting for a machine learning platform product manager. The position pays a $900,000 annual salary at a time when most actors make around $200 a day, according to the pre-existing SAG-AFTRA contract.  ( 39 min )
    Steve Ballmer's $120 billion fortune makes him richer than Warren Buffett, Mark Zuckerberg, and Google's cofounders. The former Microsoft CEO can thank AI hype and a contract quirk.
    Ballmer joined Microsoft as its 30th employee, but thanks to his equity stake and the AI boom, he now ranks as the world's sixth-wealthiest person.  ( 7 min )
    Why Meta Platforms Stock Got Upgraded Just One Day Before Earnings
    Generative AI capabilities can create long-term monetization opportunities for the company, New Street Research says.  ( 26 min )
    Lowe's rehires worker fired after getting beaten in shoplifting incident
    Hundreds of Facebook users blasted the home improvement retailer for firing 13-year employee Donna Hansbrough.  ( 6 min )
    PacWest Stock Drops, Banc of California Shares Rise After Deal News
    Shares of PacWest fell shortly after The Wall Street Journal reported that Banc of California is in advanced talks to buy the lender. The move comes as the two lenders work to shore themselves up follow  ( 21 min )
    Banc of California, PacWest in Advanced Talks to Combine
    The move by the lenders would aim to further shore themselves up following a regional-banking crisis earlier this year.  ( 28 min )
    Companies are beating earnings estimates. Here's why Wall Street isn't cheering.
    A JPMorgan analysis shows most companies are beating earnings so far. Their stock reactions haven't been overwhelmingly positive.  ( 8 min )
    Companies are beating earnings estimates. Why Wall Street isn't cheering
    A JPMorgan analysis shows most companies are beating earnings so far. Their stock reactions haven't been overwhelmingly positive.  ( 8 min )
    Meme stocks surge as tech rally gets too pricey for retail investors
    Meme stocks have surged in the last few weeks as retail investors shun pricier stocks for cheaper speculative names, but some experts worry that this could choke the current rally in broader markets. At a time when the wider rally has made some stocks, especially in the tech space, too expensive, the return of meme stocks is offering retail investors a more affordable option to participate in 2023's market rebound and pocket big returns. Roundhill's Meme index hit a one-year high last week and was last up 60% for 2023 so far, dwarfing gains of more than 18% recorded by the benchmark S&P 500.  ( 8 min )
    Analyst Report: Blackstone Inc
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    Analyst Report: Invesco Ltd
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    Analyst Report: Travelers Companies Inc.
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    Ask an Advisor: I'm 77 and Still Working. Is it True That I Don't Have to Take RMDs?
    I’m 77 years old and I requested my 401(k) fund administrator to prepare my RMD. I was told I do not have to withdraw my money if I am still employed. Please confirm if this in fact an IRS rule or that of the fund management company? -Bea That is correct, Bea. If you are […] The post Ask an Advisor: I’m 77 and Still Working. Is it True That I Don’t Have to Take RMDs? appeared first on SmartReads by SmartAsset.  ( 8 min )
    Market Update: AN, BX, JNJ, TRV, IVZ, MRNA
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    RTX to remove 1,200 jet engines from service after discovering manufacturing defect
    Arlington defense giant RTX reported strong second-quarter earnings Tuesday but the results were overshadowed by the disclosure of a manufacturing defect that could reduce the lifespan of its Pratt & Whitney jet engines.  ( 11 min )
    Visa, Mastercard Hover In Buy Zones Ahead Of Earnings
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    UPS, Teamsters Reach Agreement on New Contract, Averting Strike
    The five-year labor deal would prevent strike by roughly 330,000 package delivery drivers and package sorters.  ( 26 min )
    Meta earnings preview: Ads, AI, and Threads to take center stage
    Meta will report its Q2 2023 earnings on Wednesday after the bell.  ( 8 min )
    UPS and Teamsters reach tentative deal to avert strike
    The tentative deal averts what could have been the largest strike against a single company in US history  ( 8 min )
    Microsoft Earnings Have Been Hurt by Cooling Software Demand, Boosted by AI
    The company has become a leader in generative AI technology thanks to its cloud infrastructure and relationship with OpenAI.  ( 33 min )
    UPS reaches tentative contract with 340,000 unionized workers, potentially dodging calamitous strike
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    Alaska Air Posts Record Quarterly Revenue. Why Airline Stocks Are Tumbling.
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    Dow Jones Awaits Fed Powell's Rate Hike As Airlines Tumble; Cathie Wood Turns To Medical Stocks
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    These 2 ‘Strong Buy’ Penny Stocks Could Go Boom, Say Analysts
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    IRobot Falls After Amazon Lowers Price to $51.75 a Share
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    Airline Stocks Dip After Alaska Air Group Update
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    Americans Think They Need to Save This Much to Retire. But Do They Really?
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    American Couples Should Count on Needing At Least This Much Money For Retirement Monthly
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    Verizon Earnings Fall From Year Earlier But Top Estimates; Revenue Misses
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    Dow Inc Earnings Have a Message About the Economy. It Isn’t Great.
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    Spotify Had Its Best Ever Quarter for New Users. Why the Stock Is Falling.
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    Elon Musk’s new ‘X’ brand has a problem: He doesn’t own the trademark
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    GE HealthCare raises 2023 profit forecast as supply chain woes ease
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    JPMorgan: Some reasons to be bearish on the red-hot stock market
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    Meme Stocks' 133% Rally Finally Proves Investors 'Lost Their Minds'
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    GE Crushes Earnings Estimates and the Stock Rises. But That’s Not the Best Part.
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    UPDATE 2-NextEra Energy beats quarterly profit estimates on renewables boom
    NextEra Energy Inc second-quarter profit beat Wall Street estimates on Tuesday, helped by strength in the company's renewable energy unit. Countries have been embracing renewable power in the wake of climate change concerns and global energy uncertainty due to the Russia-Ukraine conflict, with NextEra, the world's largest producer of wind and solar energy, being a major beneficiary. The company's regulated utilities business, Florida Power & Light, added 66,000 more customers year-on-year, boosting its top line while its clean energy unit, NextEra Energy Resources, added 1,665 megawatts of new renewables and storage projects in the second quarter.  ( 6 min )
    GE Lifts Guidance as Sales and Earnings Rise
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    RTX Lifts Sales Guidance. There’s a Reason Why the Stock Is Falling Anyway.
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    Dow Inc Earnings Have a Message About the Economy. It Isn’t Great. The Stock Falls.
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    Daily Spotlight: Our Fearless Forecast for 2033
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    3M Earnings Weighed Down by ‘Forever Chemicals’ Settlement
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    UPDATE 2-Verizon posts surprise rise in wireless subscribers as 5G efforts pay off
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    Biogen to cut 1,000 jobs to save costs as Alzheimer's drug launch gathers pace
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    Verizon posts surprise rise in wireless subscribers as 5G efforts pay off
    Verizon, whose plans typically cost more than its peers, added 8,000 net monthly bill-paying wireless phone subscribers in the second quarter, compared with estimates for a loss of 11,000, according to analysts polled by Factset. Its results come as the sector is rattled by a Wall Street Journal report on July 9 that the company and AT&T were among several telecom operators that abandoned a sprawling network of lead-clad cables, which might have contaminated water and soil. Verizon's total revenue fell 3.5% to $32.6 billion in the quarter ended June 30, missing analysts' estimates of $33.24 billion, according to Refinitiv data.  ( 6 min )
    GM Q2 revenue, earnings soar as automaker boosts profit guidance for 2nd time
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    High-income retirement savers may have to pay tax now on catch-up contributions. Eventually.
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    GE rides aviation boom to lift 2023 profit forecast
    General Electric Co on Tuesday raised its full-year adjusted profit forecast, betting on steady demand for aircraft engine spare parts and services from airlines looking to cash in on surging air travel. The Boston, Massachusetts-based company now expects 2023 adjusted profit per share of $2.10 to $2.30, compared with its previous forecast of $1.70 to $2.00. A faster-than-expected recovery in aviation from the pandemic lows has lifted results of engine makers as shortages of commercial planes have forced airlines to use old jets for longer, boosting demand for lucrative aftermarket services.  ( 7 min )
    Spotify Q2 subscribers surge as earnings, profitability plunge amid higher costs
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    These Stocks Are Moving the Most Today: F5, Logitech, Cadence Design, GE, GM, Microsoft, Alphabet, and More
    Shares of cloud security company F5 surge on better-than-expected earnings. Logitech raises guidance, and Cadence Design stock falls even after an improved outlook. Earnings reports are expected Tuesday from General Electric, General Motors, Microsoft, and Alphabet.  ( 26 min )
    Buffett Lifts Fossil Fuel Bets as Global ESG Push Mints Bargains
    (Bloomberg) -- Warren Buffett’s multibillion-dollar purchases of oil and gas investments early in the pandemic paid off when the sector cranked out record earnings in 2022. But instead of selling out for a huge profit this year, the Oracle of Omaha wants more. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is  ( 9 min )
    Stocks to Watch Tuesday: Alphabet, Microsoft, General Electric, AMC
    🔎 General Electric (GE): The industrial conglomerate is among the companies scheduled to report earnings ahead of the opening bell, along with General Motors (GM), [Raytheon (RTX)](https://www.  ( 22 min )
    Who Wants to Keep Hiking Rates and Who Doesn’t? Breaking Down the Fed’s Views
    (Bloomberg) -- The Federal Reserve is reaching a pivotal moment in its fight against inflation. After more than a year of solid agreement that higher interest rates were needed, differences among policymakers have started to deepen as they weigh when to stop hiking and how long to keep rates elevated.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Econom  ( 9 min )
    Alphabet Kicks Off Big Tech Earnings on Tuesday
    The Street forecasts the Google parent had earnings of $1.34 a share on sales of $72.86 billion.  ( 26 min )
    Unilever quarterly sales beat estimates, boost shares
    Unilever on Tuesday reported better-than-expected underlying quarterly sales as the maker of Dove soap and Ben & Jerry's ice cream again raised prices to make up for higher costs. The British company reported a 7.9% rise in underlying sales, beating analysts' average forecast of a 6.4% increase, a company-provided consensus showed.  ( 6 min )
    It’s Microsoft Earnings Day. All Eyes Are on AI and Cloud.
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    A Bear Market Ahead? Insiders Are Waving a Red Flag.
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    JPMorgan ignored Epstein's 'nymphettes,' US Virgin Islands says
    The U.S. Virgin Islands unveiled new accusations against JPMorgan Chase over the bank's ties to former client Jeffrey Epstein, including executives discussing how the disgraced late financier surrounded himself with "nymphettes." JPMorgan countered that the U.S. Virgin Islands was also to blame for allowing Epstein's sexual abuse of young women and teenage girls, saying the territory used its powers to enable these crimes. The bank accused the territory of facilitating visas that allowed Epstein to bring victims, and of "looking the other way" whenever Epstein arrived at local airports accompanied by young women and girls.  ( 7 min )
    China’s Markets Throw Off Gloom for Now as Xi Offers Lifeline
    (Bloomberg) -- Chinese stocks and the yuan rose sharply after Beijing signaled fresh support for the struggling economy, including further easing of policy curbs in the troubled property sector. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Reco  ( 6 min )
    China state banks seen selling US dollars to prop up yuan -sources
    SHANGHAI/BEIJING (Reuters) -China's major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade on Tuesday, three people with direct knowledge of the matter said, moves aimed at supporting the Chinese currency. The dollar sales come after China's top leaders pledged on Monday to step up policy support for the economy amid a tortuous post-COVID-19 recovery, focusing on boosting domestic demand and signalling more stimulus steps. Policymakers also said China will keep the yuan exchange rate basically stable at reasonable and balanced levels, and vowed to invigorate the capital market and restore investor confidence.  ( 6 min )
    The problem with X? Meta, Microsoft, hundreds more own trademarks to new Twitter name
    Billionaire Elon Musk's decision to rebrand Twitter as X could be complicated legally: companies including Meta and Microsoft already have intellectual property rights to the same letter. X is so widely used and cited in trademarks that it is a candidate for legal challenges - and the company formerly known as Twitter could face its own issues defending its X brand in the future. "There's a 100% chance that Twitter is going to get sued over this by somebody," said trademark attorney Josh Gerben, who said he counted nearly 900 active U.S. trademark registrations that already cover the letter X in a wide range of industries.  ( 7 min )
    Chinese Stocks Set to Rise After ADRs Jump on Stimulus Hopes
    (Bloomberg) -- Chinese stocks are set to advance Tuesday after US-listed shares of mainland companies recorded their biggest one-day gain since early February, spurred by vows from Beijing of further support for the nation’s struggling economy.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of  ( 9 min )
  • Open

    Tech & Media Were Hit Hardest by Past Year’s Layoffs
    The information sector, which is made up of tech and media companies, was hit the hardest by layoffs over the past year, according to an analysis by Investopedia. Despite the disproportionate impact on tech and media, layoffs remain at historic lows across other industries.  ( 20 min )
    An Introduction to Reverse Convertible Notes (RCNs)
    When stocks are stagnant and fixed-income yields are crumbling, RCNs can benefit investors.  ( 21 min )
    How Are Realized Profits Different From Unrealized or So-called "Paper" Profits?
    Simply put, realized profits are gains that have been converted into cash.  ( 23 min )
    Top CD Rates Today: Slight Improvement Before Fed Day
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    6 Tips to Sell Your Home Fast
    Find out how to generate interest in your house, stand out from the competition, and sell a house quickly in a slow market.  ( 25 min )
    The Pros and Cons of a 15-Year Mortgage
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    Fidelity Cash Management Account Interest Rate: July 2023
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    Moving Up: Dream House or Money Pit?
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    Why Some Economists Think a Recession is Inevitable—And Others That It’s Impossible
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    New York City Economic Tracker: July 12, 2023
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    iRobot Shares Plunge After Amazon Lowers Purchase Price
    Shares of iRobot tumbled on Tuesday after Amazon said it would lower its purchase price of the home robot maker, which the tech giant bought for $1.7 billion last August in an effort to expand its offerings of smart devices.  ( 18 min )
    S&P 500 Gains and Losses Today: Stocks Rally on Earnings Enthusiasm
    U.S. markets continued their rally, with the S&P 500 up 0.3% on Tuesday, July 25, 2023, on the strength of corporate earnings reports.  ( 16 min )
    3M Adjusted Profit and Sales Exceed Estimates as the Firm Streamlines Operations
    3M posted a loss because of "forever chemical" charges, but its adjusted earnings beat forecasts as the firm streamlined operations.  ( 16 min )
    RTX Shares Sink as the Defense Contractor Deals with a Defective Engine Part
    Shares of RTX, formerly Raytheon, plunged as the company revealed it is dealing with a defective engine part.  ( 17 min )
    Interactive Brokers Expands After Hours Trading Option For More U.S. Stocks and ETFs
    Interactive Brokers expanded its overnight trading offerings to include more than 10,000 US stocks and ETFs, one of the widest offerings available to investors.  ( 17 min )
    Personal Loan Rates & Trends, Week of July 24: Rates Tick Down
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    XLF: Financial Select Sector SPDR Fund
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    UPS and Teamsters Reach Contract Agreement, Avert Strike
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    Balanced Budget: Pros and Cons
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    Budgeting for the 4 Phases of Retirement
    A retirement budget helps you manage your money after you stop working. In this article, you will learn how to successfully budget for each stage of retirement.  ( 28 min )
    What Is Underwriting Risk in Insurance and Securities?
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    Understanding Private Equity (PE)
    Private equity (PE) firms have gained a great amount of influence in today's financial marketplace. Check out what they are and how they operate.  ( 29 min )
    Mortgage Amortization Strategies
    Should you get a 30-year mortgage? A 15-year one? This mortgage amortization strategy guide helps you decide which mortgage is the best fit.  ( 25 min )
    Two in Three Credit Score Complaints Are Over Wrong Information
    Credit reports containing information belonging to someone else was the most common complaint, with improper use of credit reports being another top issue.  ( 17 min )
    GM Shares Down on EV, Cost Cutting Concerns Despite Strong Outlook
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    Some Banks Are Underreporting Uninsured Deposits, FDIC Says
    In the wake of this year's banking crisis, the FDIC is pressing banks to fix the way they report uninsured deposits, or those that exceed the agency's $250,000 insurance limit.  ( 18 min )
    Interested in Investing in Africa? Here's How
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    Home Prices Up In May, S&P Case-Shiller Shows
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    Reconciliation in Accounting: Definition, Purposes, and Types
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    Amalgamation: Definition, Pros and Cons, vs. Merger & Acquisition
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    Baby Boomer: Definition, Age Range, Characteristics, and Impact
    A baby boomer is a person born between 1946 and 1964, part of a large generation that continues to have a significant impact on the economy.  ( 27 min )
    Spotify's Shares Sink as Sales Fall Short, Loss Widens on Efforts to Cut Costs
    Spotify Technologies added a record quarterly number of new users to its streaming music platform, but its loss, sales, and guidance came in worse than expected after its efforts to cut costs, and shares tumbled.  ( 17 min )
    Signum (SIGNA): Mining and Features
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    Apple Faces a $1 Billion UK Lawsuit Over App Store Fees
    Apple is facing a $1 billion lawsuit in the UK for charging 15% to 30% in fees on sales made through its iOS App Store.  ( 17 min )
    Markets Rally at Midday on Earnings Enthusiasm
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    TMX Group: History, Holdings and Services
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    Unilever Stock Up 5% Following Earnings Beat Driven by Price Growth
    Shares of Unilever PLC (UL) were up almost 5% on Tuesday morning following a second-quarter earnings beat by the consumer goods giant.  ( 17 min )
    What Is the CARES Act?
    The Coronavirus Aid, Relief, and Economic Security (CARES) Act was a $2 trillion package of emergency assistance approved in 2020 in response to COVID-19.  ( 33 min )
    Origination: Definition in Finance, Loan Process & Requirements
    Origination is the process of creating a home loan or mortgage. It involves numerous steps and participants, and you can't get a mortgage without it.  ( 23 min )
    Verizon Beats Profit Expectations on Strong Subscriber Growth
    Strong subscriber growth amid a successful 5G rollout propelled better-than-expected earnings at Verizon (VZ), even as profits fell from the year-ago quarter.  ( 17 min )
    Education Help for Active-Duty Military and Reservists
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    4 Factors You Didn't Know About RBOB
    Learn the basics of how RBOB gasoline is traded, including the specifications for the RBOB futures contract. Discover what impacts the price of RBOB.  ( 21 min )
    General Electric Increases Earnings on Aviation Sales
    General Electric raised its full-year guidance for earnings and revenue after reporting a 37% year-over-year increase in profit.  ( 17 min )
    30-Year Mortgage Rates Edge Higher
    Mortgage rates continue to yo-yo above 7%, with the 30-year average inching a few points higher Monday. Most other averages also gained slightly or held steady.  ( 20 min )
    Median Rents Declined Nationwide in June
    The decline in rents may be the start of a trend, according to Realtor.com.  ( 17 min )
    Divorced Parents and Financial Aid
    Filling out forms to apply for financial aid for college can be daunting, and divorce can make it even more complicated. Here’s what you need to know.  ( 26 min )
    Apple Bank CD Rates: July 2023
    Apple Bank offers a variety of CDs with rates that beat the national average, but fall short of the leading issuers. Learn more about Apple Bank’s certificates of deposit.  ( 20 min )
    How Interest Rates Help Promote Saving and Investing
    See how the rate of interest in an economy helps coordinate savings, lending, and investing.  ( 21 min )
    5 Things to Know Before Markets Open
    GM shares climb as the automaker raises its guidance and cuts costs, while shares of Spotify advance after reporting a growing user base and raising prices on its services. Here’s what investors need to know today.  ( 18 min )
    What Central Banks Do
    Central banks conduct monetary policy, which includes setting interest rates, managing the money supply, and regulating financial markets.  ( 26 min )
    Why Do Supply Shocks Occur and Who Do They Affect?
    Take a deeper look at the nature of supply shocks, an economic phenomenon that dramatically changes the equilibrium level of production.  ( 23 min )
    Derivatives Transaction Execution Facility (DTEF) Definition
    A derivatives transaction execution facility (DTEF) focuses on derivative transactions with underlying assets of excluded commodities or assets.  ( 21 min )
    Owner Financing: Definition, Example, Advantages & Risks
    Owner financing involves a seller financing the purchase directly with the buyer. It can offer advantages to both parties.  ( 25 min )
    Financial Inclusion: Definition, Examples, and Why It's Important
    Financial inclusion is the effort to make financial products and services available and affordable to all individuals and businesses.  ( 25 min )
    20 Ways to Use Up Your Flexible Spending Account
    You lose any remaining funds in your flexible savings account at the end of the year. Here is a list of what you can buy with the cash.  ( 22 min )
  • Open

    RTX Shares Sink as the Defense Contractor Deals with a Defective Engine Part
    Shares of RTX, formerly Raytheon, plunged as the company revealed it is dealing with a defective engine part.  ( 1 min )
    Interactive Brokers Expands After Hours Trading Option For More U.S. Stocks and ETFs
    Interactive Brokers expanded its overnight trading offerings to include more than 10,000 US stocks and ETFs, one of the widest offerings available to investors.  ( 1 min )
    UPS and Teamsters to Restart Talks in Effort to Avoid Strike
    The deal between UPS and the union, which represents 330,000 of its U.S. workers averts a possible strike Aug. 1, when the current agreement between the two parties expires.  ( 1 min )
    iRobot Shares Plunge After Amazon Lowers Purchase Price
    Shares of iRobot tumbled on Tuesday after Amazon said it would lower its purchase price of the home robot maker, which the tech giant bought for $1.7 billion last August in an effort to expand its offerings of smart devices.  ( 1 min )
    Apple Faces a $1 Billion UK Lawsuit Over App Store Fees
    Apple is facing a $1 billion lawsuit in the UK for charging 15% to 30% in fees on sales made through its iOS App Store.  ( 1 min )
    General Electric Increases Earnings on Aviation Sales
    General Electric raised its full-year guidance for earnings and revenue after reporting a 37% year-over-year increase in profit.  ( 1 min )
  • Open

    Markets Rally at Midday on Earnings Enthusiasm
    The U.S. equities rally continued at midday on Tuesday, July 25, 2023, after more positive earnings news.  ( 1 min )
    5 Things to Know Before Markets Open
    GM shares climb as the automaker raises its guidance and cuts costs, while shares of Spotify advance after reporting a growing user base and raising prices on its services. Here’s what investors need to know today.  ( 1 min )
  • Open

    Kapotte VanMoof-fietsen kunnen opgehaald worden bij gesloten winkels
    VanMoof-fietsers die hun fiets ter reparatie nog bij de winkel hadden staan toen die dichtging, kunnen hun rijwiel in de komende weken ophalen. Tot 18 augustus kunnen ze een afspraak maken voor het ophalen van hun waarschijnlijk nog steeds kapotte fiets.  ( 4 min )
    NU+ | Dit is waar je op moet letten als je op vakantie gaat naar Zuid-Europa
    Halsoverkop naar huis vanaf je vakantieadres: het overkomt Nederlanders in het zuiden van Europa op dit moment. NU.nl sprak met experts over wat je kunt doen en waar je recht op hebt als je week aan het strand wordt afgekapt.  ( 5 min )
    Dit kun je doen als je vakantie abrupt wordt afgebroken
    Halsoverkop naar huis vanaf je vakantieadres: het overkomt Nederlanders in het zuiden van Europa op dit moment. NU.nl sprak met experts over wat je kunt doen en waar je recht op hebt als je week aan het strand wordt afgekapt.  ( 7 min )
    Tanken voor minder dan 2 euro wordt steeds moeilijker
    De prijs van benzine zit al enige tijd weer in de lift. Een accijnsverhoging en duurdere olie spelen hierbij een belangrijke rol. Daardoor is de adviesprijs voor een liter benzine inmiddels opgelopen tot 2,16 euro.  ( 4 min )
    KLM en andere vliegmaatschappijen vechten krimp van Schiphol nog eens aan
    Vliegmaatschappijen accepteren niet dat Schiphol mag krimpen. Een groot aantal maatschappijen gaat in cassatie tegen een uitspraak van de rechter die Schiphol toestaat om het aantal vluchten op de luchthaven flink te beperken.  ( 3 min )
    Unilever verdedigt activiteiten in Rusland: 'Dit is de minst slechte optie'
    Unilever weigert uit Rusland te vertrekken vanwege de oorlog in Oekraïne. Volgens topman Hein Schumacher is blijven "de minst slechte optie". Zo voorkomt het bedrijf achter Calvé, Magnum en Dove dat Rusland activiteiten van Unilever daar nationaliseert.  ( 3 min )
    Renteverhogingen ECB bereiken doel: lenen is duur en onaantrekkelijk
    Geld lenen bij banken wordt steeds minder aantrekkelijk, merkt de Europese Centrale Bank (ECB). Banken zijn strenger en maken lenen duurder. En dat is precies de bedoeling van de reeks renteverhogingen van de ECB, die deze week een vervolg krijgt.  ( 5 min )
    Spotify ziet aantal abonnees flink groeien, maar toch gaan de prijzen omhoog
    Het aantal mensen dat in de afgelopen drie maanden een Spotify Premium-abonnement afsloot, is flink gestegen. De muziekdienst heeft inmiddels ruim 220 miljoen betalende abonnees wereldwijd. Toch komt er binnenkort een prijsverhoging aan.  ( 4 min )
    Unilever profiteert weer van hogere prijzen eten, drinken en verzorgingsmiddelen
    Levensmiddelenconcern Unilever heeft opnieuw geprofiteerd van de hogere prijzen voor zijn producten. Het bedrijf achter merken als Dove, Marmite, Knorr, Rexona en Magnum zag de omzet en winst in de eerste zes maanden van dit jaar stijgen.  ( 3 min )
    Krapte op arbeidsmarkt blijft met 450.000 openstaande vacatures zorgelijk
    De krapte op de arbeidsmarkt in ons land blijft zorgelijk. Ruim 3,3 miljoen werkenden hebben een beroep dat als zeer krap kan worden omschreven. Vooral in de techniek zijn bedrijven op zoek naar personeel.  ( 4 min )
    H&M start rechtszaak tegen Chinese rivaal Shein om stelen van ontwerpen
    Modegigant H&M heeft zijn concurrent Shein voor de rechter gesleept. De Zweedse retailer zegt dat zijn Chinese rivaal zonder toestemming kleding kopieert. H&M wil nu een schadevergoeding.  ( 3 min )
    Unilever profiteert opnieuw van hogere prijzen
    Levensmiddelenconcern Unilever heeft opnieuw geprofiteerd van de hogere prijzen voor zijn producten. Het bedrijf achter merken als Dove, Marmite, Knorr, Rexona en Magnum zag de omzet en winst in de eerste zes maanden van dit jaar stijgen.  ( 3 min )
    Bedrijven zijn minder hard op zoek naar personeel
    Bedrijven zijn minder hard op zoek naar personeel. Uitzendconcern Randstad merkt dat er minder vraag is dan voorheen. Het bedrijf zag de omzet en de winst in het tweede kwartaal opnieuw dalen.  ( 3 min )
    Meer mensen vinden hun weg naar sportscholen Basic-Fit
    Steeds meer mensen weten hun weg te vinden naar de sportscholen van Basic-Fit. De fitnessketen zag het aantal abonnementen in de eerste zes maanden van dit jaar fors stijgen.  ( 3 min )
    Mogelijk grootste Nederlandse gebruiker opgepakt in wereldwijde cybercrimezaak
    De politie zegt de grootste Nederlandse gebruiker van de criminele handelswebsite Genesis Market te hebben opgepakt. Met die aanhouding denken ze "een grote slag" in het onderzoek te hebben geslagen.  ( 3 min )
    Betaald krijgen voor stroomgebruik: eerst ondenkbaar, nu bijna elk weekend
    Betaald krijgen om stroom te gebruiken, tot voor kort was het ondenkbaar. Maar inmiddels duiken elektriciteitsprijzen vrijwel elk weekend in de min, wat vooral gunstig is voor wie een dynamisch energiecontract heeft. Worden prijzen onder nul voortaan normaal?  ( 4 min )
    De stroomprijs was zondag weer negatief, is dit het nieuwe normaal?
    Betaald krijgen om stroom te gebruiken, tot voor kort was het ondenkbaar. Maar inmiddels duiken elektriciteitsprijzen vrijwel elk weekend in de min, wat vooral gunstig is voor wie een dynamisch energiecontract heeft. Worden prijzen onder nul voortaan normaal?  ( 4 min )

  • Open

    Home Mortgage Disclosure Act (HMDA): Protection For Borrowers
    The Home Mortgage Disclosure Act (HMDA) is a federal law mandating lenders to maintain records on individual mortgages to help reveal whether they are complying with fair housing laws and meeting community needs.  ( 24 min )
    Bank of America CD Rates: July 2023
    There are countless CD options, and it can be hard to choose. Gain a thorough understanding of Bank of America’s CD rates to make a well-informed decision about opening an account.  ( 21 min )
    How To Cancel a Check
    If you've had a personal check lost or stolen, the best next step is to cancel the check by putting a stop payment order it.  ( 22 min )
    FTC Chair Lina Khan Suggests Big Tech Crackdown Could Continue, Despite Setbacks
    Speaking at an event in New York City, FTC Chair Lina Khan addressed the agency’s recent setbacks in court, and suggested that its crackdown against big tech could continue.  ( 18 min )
    IRS To Stop Unannounced Home and Business Visits On Security and Fraud Concerns
    Effective immediately, most unannounced visits from the IRS will halt, except in rare circumstances.  ( 17 min )
    Does the FDIC Cover Identity Theft?
    Identity theft isn't covered by the FDIC, so find out what steps you can take to prevent or report this type of consumer fraud.  ( 21 min )
    Goldman Sachs vs. Morgan Stanley: Comparing Business Models
    Goldman Sachs and Morgan Stanley have distinct ways of doing business, with one focusing on high rewards and the other on caution.  ( 20 min )
    S&P 500 Gains and Losses Today: Oil Industry Stocks Surge as Oil Prices Rise
    U.S. equities gained after better-than-expected second quarter earnings reports, with the S&P 500 rising 0.4% on Monday, July 24, 2023.  ( 16 min )
    An Introduction to the Indian Stock Market
    Emerging markets like India are engines for future growth. Find out how you can participate.  ( 26 min )
    Most Commonly-Used Periods in Creating Moving Average (MA) Lines
    Learn the most commonly selected periods used by traders and market analysts in creating moving averages to overlay as technical indicators on charts.  ( 23 min )
    6 Home Upgrades that Don't Add Value at Resale
    A swimming pool is enormous fun, but will it boost your home's sale price? Here are six home improvements that don't add the value that owners expect.  ( 27 min )
    The Fed is Set For One More Rate Hike This Week. Then What?
    The Federal Reserve is widely expected to raise its benchmark interest rate by a quarter-point on Wednesday, with the real question being what the central bank will do (or not do) to combat inflation for the rest of the year.  ( 18 min )
    VFIAX vs. SPY: A Mutual Fund vs. ETF Case Study
    Identify subtle differences between two excellent investment opportunities, the Vanguard 500 Index Fund and the SPDR S&P 500 ETF.  ( 20 min )
    Chevron Shares Climb After Beating Forecasts on Record Production in Permian Basin
    Chevron shares rose after predicting second quarter earnings that beat analysts’ estimates on record production in the Permian Basin.  ( 16 min )
    Pros and Cons of Indexed Universal Life Insurance
    Indexed universal life insurance can help you build wealth and leave a death benefit to your loved ones. However, it has advantages and disadvantages to consider.  ( 27 min )
    Top CD Rates Today: Rates Keep Rising
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    UBS Takes a $268 Million Hit for 'Credit Suisse Misconduct'
    The U.S. Federal Reserve has hit Swiss bank UBS with a $268.5 million fine over "misconduct" by its rival, Credit Suisse, before the two merged in March.  ( 17 min )
    Spotify Shares Drop After Raising Prices for Its Premium Subscription Plans
    Spotify shares slid after announcing plans to raise prices for its premium subscription plans Monday.  ( 16 min )
    Becton Dickinson Shares Jump After FDA Decision on Its Infusion System
    Shares of Becton Dickinson rose to their highest level since 2020 after the FDA gave 501(k) clearance to Becton Dickinson's updated BD Alaris Infusion System.  ( 16 min )
    How to Pay Off Credit Card Debt With a Home Equity Loan
    A home equity loan is one way to pay off your credit card debt. It generally has a lower interest rate, but it can also put your home at risk.  ( 25 min )
    8 Things to Consider Before Buying a Two-Family House
    Renters can help you cover your mortgage payments, but property location, price, and privacy are just a few of the things to consider when you buy a two-family home.  ( 24 min )
    Sallie Mae Bank CD Rates: July 2023
    You may know Sallie Mae as the bank that services your student loan, but it also offers other banking products, like CDs. Learn more about Sallie Mae’s CD rates.  ( 20 min )
    Costs of Selling a Home
    Among the costs of selling a home, you can expect to pay real estate agent commissions and closing fees plus capital gains taxes if their profit exceeds IRS exclusion limits.  ( 23 min )
    CEOs Are Bullish on Generative AI as Adoption Expands
    More than half of CEOs globally are experimenting with generative AI, algorithms that can generate content using a set of inputs, a joint survey by Fortune and Deloitte found.  ( 18 min )
    U.S. Bank CD Rates: July 2023
    U.S. Bank CD rates are relatively high if you can meet a higher deposit requirement, but some options are unappealing. Existing customers can get personalized rates.  ( 21 min )
    What Is Overconfidence Bias?
    Overconfidence bias is a cognitive bias that can hurt investment returns by leading people to overestimate their knowledge and ignore relevant market information and feedback.  ( 25 min )
    What Is Carbon Accounting?
    Carbon accounting, also known as greenhouse gas accounting, is a way for companies to quantify the amount of greenhouse gases (GHGs) they produce. It is similar to financial accounting, but instead of measuring financial impact, carbon accounting measures a company’s climate impact.  ( 21 min )
    AMC Shares Soar After Filing Revised Stock Conversion Plan, Blockbuster Weekend
    AMC Entertainment Holdings shares skyrocketed after the theater chain filed a revised stock conversion proposal, and the releases of "Barbie" and "Oppenheimer" drew big crowds over the weekend.  ( 18 min )
    Markets Higher at Midday as Rising Crude Prices Boost Oil Industry Stocks
    The earnings-fueled stock market rally continued at midday on Monday, July 24, 2023.  ( 17 min )
    Fixed-Rate Mortgage: How It Works, Types, vs. Adjustable Rate
    A fixed-rate mortgage is an installment loan that has a fixed interest rate for the entire term of the loan.  ( 25 min )
    How Morningstar Rates and Ranks Mutual Funds
    Find out how Morningstar ranks and rates investments, and why the Morningstar star system is so heavily influenced by modern portfolio theory (MPT).  ( 20 min )
    Synchrony Bank CD Rates: July 2023
    If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.  ( 22 min )
    Domino's Profit Rises on Higher International Sales
    Domino's shares rose after reporting better-than-expected earnings, boosted by its overseas business.  ( 16 min )
    What Are Pips in Forex Trading and What Is Their Value?
    A pip is the smallest price increment (fraction) tabulated by currency markets to establish the price of a currency pair.  ( 26 min )
    Hollywood is Burning as Dual Strikes and A.I. Threaten Tinseltown
    Brian Stelter, the special correspondent for Vanity Fair, and the host of The Hive podcast, explains what's really behind the actor and writer strikes facing the entertainment industry, and how artificial intelligence (AI) is changing the industry forever.  ( 18 min )
    Mortgage Rates Down for All Loan Types
    Mortgage rates have dropped, with reductions across every loan type. The 30-year average has been in a lower yo-yo pattern since hitting a 20-year high two weeks ago.  ( 20 min )
    Johnson & Johnson Offers Exchange for Shares of Spinoff Kenvue
    Johnson & Johnson offers its shareholders the choice to exchange its shares for Kenvue's, the consumer health company it spun off just two months ago.  ( 18 min )
    Fixed vs. Adjustable-Rate Mortgage: What's the Difference?
    Fixed-rate and adjustable-rate mortgages have similarities and differences, depending on your financial needs and prospects.  ( 28 min )
    How to Trade the VIX: 4 Ways Explained
    Trading volatility is an interesting idea, but current ETFs and ETNs do a fairly poor job of it.  ( 24 min )
    7 Currencies Worth More Than the U.S. Dollar in 2023
    Learn about currencies that are more valuable than the U.S. dollar, as well as which factors contributed to their strength.  ( 31 min )
    OpenAI’s Sam Altman Launches Worldcoin
    Worldcoin uses biometric data like facial and iris authentication to create a unique World ID for each user and distinguish them from AI bots.  ( 16 min )
    Derivatives: Types, Considerations, and Pros and Cons
    A derivative is a securitized contract whose value is dependent upon one or more underlying assets. Its price is determined by fluctuations in that asset.  ( 29 min )
    How Are Bonds Rated?
    A bond rating is a grade given to a bond by various rating services. Learn how the major rating services evaluate an issuer's financial strength.  ( 19 min )
    Dividend Growth Rate: Definition, How to Calculate, and Example
    The dividend growth rate is the annualized percentage rate of growth of a particular stock's dividend over time.  ( 24 min )
    What Is a Ground Lease? How It Works, Advantages, and Example
    Learn more about the ground lease, an agreement that allows tenants to develop leased land while the landlord typically assumes ownership.  ( 23 min )
    5 Things to Know Before Markets Open
    Shares of movie theater chain AMC jump as the company files a revised stock conversion proposal, and Barbie and Oppenheimer bring a big weekend for the box office. Here’s what investors need to know today.  ( 19 min )
    Put Option vs. Call Option: When to Sell
    An investor would sell a put option if their outlook on the underlying was bullish, and would sell a call option if their outlook on a specific asset was bearish.  ( 24 min )
    Trade Resumption Definition
    Trade resumption refers to the commencement of trading activities after they have been shut down or halted for some period of time.  ( 21 min )
    What Is an Annual Premium Equivalent (APE)? Calculation Defined
    Annual premium equivalent (APE) is a common sales measure technique used by insurance companies in the United Kingdom.  ( 18 min )
    What Is SR-22 Insurance and What Does It Do?
    SR-22 'insurance' is a certificate your state may require if your driver's license has been suspended or revoked and you want to get it reinstated.  ( 20 min )
    Living in New York City: Co-ops vs. Condos
    A condominium involves apartment ownership and a percentage of the common areas while a co-op involves buying shares in a corporation that is the building.  ( 25 min )
    Can You Lease a Car with Bad Credit?
    An in-depth look at car leasing options for those with bad credit or no credit history.  ( 20 min )
    Captive Value Added (CVA) Definition
    Captive value added (CVA) is financial benefits that occur when a corporation creates a captive insurance subsidiary that it owns and operates.  ( 19 min )
    Can Your Insurance Company Drop You After an Accident?
    It is possible for an insurer to cancel your policy after an accident but unlikely, unless you are a high-risk driver.  ( 19 min )
    Benefits Of Paying Off Your Mortgage
    Paying off your mortgage in a reasonable amount of time can result in financial security and freedom.  ( 19 min )
    10 Investigative Questions to Ask a Home Seller
    Home buyers should be sure to find the answers to these 10 important questions before deciding to buy a property. The investigation will give you a sense of what the home you are about to buy is really like.  ( 22 min )
    Trust Deed: What It Is, How It Works, Example Form
    In real estate transactions, trust deeds transfer the legal title of a property to a third party until the borrower repays their debt to the lender.  ( 27 min )
    What Is the Balance of Payments?
    The balance of payments is how a country tracks how much money is coming in and going out. Learn what makes up the balance of payments and how it works.  ( 24 min )
    Future Purchase Option: What it Means, How it Works
    A future purchase option is a feature of an insurance that allows policyholders to increase their insurance coverage annually.  ( 19 min )
    Limited Common Element Definition, Laws Governing It
    A limited common element is an aspect of a condominium unit that remains the property of the condominium community instead of the tenant.  ( 19 min )
    Mortgage Insurance: What It Is, How It Works, Types
    Mortgage insurance protects a mortgage lender or title holder if a borrower defaults on payments, dies, or otherwise can't pay the mortgage.  ( 22 min )
    Student Aid Index (SAI): What it is, How it Works, How it's Used
    Student Aid Index (SAI) is the name for the factor that determines needs-based financial aid—and there have been several changes to the equation.  ( 23 min )
    All-In-One Mortgage: Definition, How It Works, Pros & Cons
    An all-in-one mortgage combines the features of a checking account, a home equity loan, and a mortgage into one product.  ( 22 min )
    Mortgage Rate: Definition, Types, Determining Factors
    A mortgage rate is the percentage of interest that is charged on a home loan. The precise rate you get depends on your credit score and is easily calculated.  ( 22 min )
    How Inflation Affects Student Loan Borrowers
    In addition to making nearly everything more expensive, rising inflation can also result in your student loan interest rates increasing.  ( 25 min )
    Captive Insurance Company: Understanding What It Means
    A captive insurance company is an entity that offers risk mitigation services for its parent company or related entities.  ( 22 min )
  • Open

    UBS Takes a $268 Million Hit for 'Credit Suisse Misconduct'
    The U.S. Federal Reserve has hit Swiss bank UBS with a $268.5 million fine over "misconduct" by its rival, Credit Suisse, before the two merged in March.  ( 1 min )
    Becton Dickinson Shares Jump After FDA Decision on Its Infusion System
    Shares of Becton Dickinson rose to their highest level since 2020 after the FDA gave 501(k) clearance to Becton Dickinson's updated BD Alaris Infusion System.  ( 1 min )
    Spotify Shares Drop After Raising Prices for Its Premium Subscription Plans
    Spotify shares slid after announcing plans to raise prices for its premium subscription plans Monday.  ( 1 min )
    AMC Shares Soar After Filing Revised Stock Conversion Plan, Blockbuster Weekend
    AMC Entertainment Holdings shares skyrocketed after the theater chain filed a revised stock conversion proposal, and the releases of "Barbie" and "Oppenheimer" drew big crowds over the weekend.  ( 1 min )
    Domino's Profit Rises on Higher International Sales
    Domino's shares rose after reporting better-than-expected earnings, boosted by its overseas business.  ( 1 min )
    Johnson & Johnson Offers Exchange for Shares of Spinoff Kenvue
    Johnson & Johnson offers its shareholders the choice to exchange its shares for Kenvue's, the consumer health company it spun off just two months ago.  ( 1 min )
  • Open

    S&P 500 Gains and Losses Today: Oil Industry Stocks Surge as Oil Prices Rise
    U.S. equities gained after better-than-expected second quarter earnings reports, with the S&P 500 rising 0.4% on Monday, July 24, 2023.  ( 1 min )
    Markets Higher at Midday as Rising Crude Prices Boost Oil Industry Stocks
    The earnings-fueled stock market rally continued at midday on Monday, July 24, 2023.  ( 1 min )
    5 Things to Know Before Markets Open
    Shares of movie theater chain AMC jump as the company files a revised stock conversion proposal, and Barbie and Oppenheimer bring a big weekend for the box office. Here’s what investors need to know today.  ( 1 min )
  • Open

    Twitter Turning Into X Is Set to Kill Billions in Brand Value
    (Bloomberg) -- It’s rare for corporate brands to become so intertwined with everyday conversation that they become verbs. It’s rarer still for the owner of such a brand to announce plans to intentionally destroy it.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled  ( 9 min )
    All Eyes On Biogen's Alzheimer's Drug, A Big Potential Payday, Ahead Of Earnings
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    Cadence Design Systems Squeaks Past Views, Sees AI As Business Driver
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    3M Has a Lot of Legal Woes. Earnings Will Be Ugly.
    Wall Street is looking for earnings per share of o$1.73 from sales of $7.9 billion. It reported earnings of $2.48 from sales of $8.8 billion in the year ago quarter.  ( 26 min )
    Alphabet boss Sundar Pichai is about to give the most important business update since he became CEO of the Google search empire
    With A.I. posing the most serious threat that Google’s search business has faced in its history, the pressure is on for Alphabet’s CEO to deliver.  ( 8 min )
    A $5.5 trillion savings wipeout is raising risks for the US economy
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    NXP Semiconductors Beats Second-Quarter Goals On Strong Auto Chip Sales
    No content preview
    Top CD Rates Today: Rates Keep Rising
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Verizon Earnings Are Coming. Lead Cables Are Just One of the Company’s Problems.
    Shareholders will be looking for comments on lead-sheathed cables and signs the company has stemed subscriber losses.  ( 26 min )
    RTX Earnings Due As Senate Debates Defense Bill
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    JPMorgan’s Kolanovic Sticks to Stock Selloff Call Even as Market Defies Gloom
    (Bloomberg) -- The Dow Jones Industrial Average is pushing back toward its all-time high, technology shares have surged, sentiment among stock investors is soaring, and recession calls are being scaled back.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average  ( 8 min )
    Stocks rise to kick off big week with earnings, Fed decision: Stock market news today
    Stocks rose on Monday as investors bided their time waiting for a crucial week of earnings to kick off and for a key policy decision from the Federal Reserve.  ( 7 min )
    FDIC Scolds Banks for Manipulating Deposit Data
    Lenders lowered their uninsured deposits by nearly $200 billion after bank failures.  ( 28 min )
    ‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea Culpa
    (Bloomberg) -- Last year’s plunge in the S&P 500 made uber bear Mike Wilson the most celebrated stock forecaster on Wall Street. It’s a role he has failed to reprise in 2023. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion Pro  ( 8 min )
    Wall Street Is Bracing for a Fresh Deluge of Treasury Bills
    (Bloomberg) -- Wall Street’s ravenous appetite for government bills is about to be tested once again, as the Treasury is likely to further ramp up the size of oncoming auctions to rebuild its decimated cash buffer.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled  ( 7 min )
    Analyst Report: Equifax, Inc.
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    Dow Giant Boeing Rises Near Buy Point With Earnings, Key Updates Due
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    Cerberus, Highgate Miss Payments on $415 Million Hotel Mortgage
    (Bloomberg) -- Cerberus Capital Management and Highgate missed two months of payments on a $415 million loan for 30 Courtyard by Marriott hotels, another sign of spreading trouble in commercial real estate.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average  ( 7 min )
    US stocks have rallied so hard that the market is setting its sights on all-time highs once again
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    FedEx pilots reject new labor deal
    FedEx pilots have voted down an upgraded contract that would have raised pay scales by 30%. The post FedEx pilots reject new labor deal appeared first on FreightWaves.  ( 8 min )
    Banks Are Going on a Diet
    Regional lenders are cutting back on some lending to preserve capital.  ( 25 min )
    Why AT&T and Verizon’s infrastructure woes run much deeper than lead cables
    Here's how T-Mobile beat its ‘dumb and dumber’ competitors, according to Yale's Sonnenfeld and Tian.  ( 13 min )
    Five Charts That Explain Where Tesla Is Relative to Ford and Toyota
    Financial filings with the SEC can be long and dry, but they usually contain information investors should know.  ( 26 min )
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    Analyst Report: Capital One Financial Corp.
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    Analyst Report: American Airlines Group Inc
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    MSFT Stock Today: How To Enhance Returns With The Covered Call Options Trade In Microsoft
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    Alphabet earnings preview: Investors keeping an eye on cloud, ads, and AI
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    Stocks rise with Big Tech earnings, Fed decision in focus: Stock market news today
    Stocks rose during midday trading on Monday, as investors bided their time waiting for a crucial week of earnings to kick off and for a key policy decision from the Federal Reserve.  ( 7 min )
    Hedge fund Sculptor agrees $639mn takeover by Rithm Capital
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Apple Scores 2 Higher Price Targets. The iPhone Isn’t Why.
    Analysts from Wells Fargo and Deutsche Bank both cited improvements in the PC industry as a key reason behind their increases.  ( 26 min )
    Johnson & Johnson Offers Exchange for Shares of Spinoff Kenvue
    Johnson & Johnson offers its shareholders the choice to exchange its shares for Kenvue's, the consumer health company it spun off just two months ago.  ( 18 min )
    Spotify Stock Falls After Hike to Premium Prices. Earnings Coming Tuesday.
    Spotify raises its ad-free premium subscription price by $1 to $10.99 a month.  ( 26 min )
    Cathie Wood Loads Up on These 2 ‘Strong Buy’ Stocks Under $10
    Since hitting bottom last October, the S&P 500 has bounced back strongly – in fact, it’s up approximately 27% from that trough. A rally of that magnitude meets the definition of a bull market, and some economists are saying we’re experiencing just that. Among the bulls is Cathie Wood who believes that a big shift is taking place. “The market is starting to look to the other side of the interest rate increase and they’re starting to look at inflation which is crumbling,” she noted. The Fed will h  ( 10 min )
    TC Sells Pipeline Stake to GIP for $3.9 Billion to Cut Debt
    (Bloomberg) -- TC Energy Corp. agreed to sell a 40% stake in two US natural gas pipeline networks for $3.9 billion (C$5.2 billion) in cash, a deal that will allow the Canadian company to meet a goal of reducing its debt ahead of schedule.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosO  ( 7 min )
    Blame the Fed? Tesla offers 84-month financing
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    Blame the Fed? Tesla offering 84-month financing
    Tesla CEO Elon Musk has blamed the Fed and high interest rates from everything to depressing the economy, to shrinking the company’s margins. Now it seems the company is doing something about it.  ( 8 min )
    Nvidia Is the Clear AI-Chip Winner, Analyst Says. Why There’s Hope for Intel, AMD.
    Mizuho analyst Vijay Rakesh raised his target price on Nvidia but said the growth of artificial intelligence is a tailwind for AMD and Intel too.  ( 26 min )
    Kentucky-based AppHarvest files for bankruptcy following loan, lease disputes
    The company is planning to transition the operations at its farm in Berea, Kentucky, to its distribution partner Mastronardi Produce.  ( 12 min )
    Bitcoin Drops to $29K Amid Binance Story, China Woes; XRP, SOL Lead Altcoin Slump
    Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices.  ( 8 min )
    SoftBank Ups Stake In Symbotic in Joint Venture Deal
    (Bloomberg) -- SoftBank Group Corp. is setting up an artificial intelligence-oriented warehousing joint venture with Symbotic Inc. and buying more shares in the supply-chain-services company, according to people familiar with the matter. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosO  ( 7 min )
    Tesla downgraded, Netflix upgraded: Wall Street's top analyst calls
    Tesla downgraded, Netflix upgraded: Wall Street's top analyst calls  ( 8 min )
    AT&T and Verizon Could Have an ESG Problem. It’s All About Lead.
    There are many potential problems for Verizon and AT&T arising from lead-sheathed copper telecommunications cables. How ESG investors view the problem is one of them.  ( 29 min )
    AMC stock surges on strong box office weekend, halted stock conversion
    AMC stock soared on Monday morning as Barbie and Oppenheimer brought moviegoers back to theaters and a plan to convert stock was halted.  ( 40 min )
    Chevron Surprise: Dow Jones Oil Giant Announces Leadership Shake-Up As Earnings Tumble Nearly 50%
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    Why the AI Boom Will Be Microsoft’s Win—and TSMC’s Loss
    A CIO survey reveals that companies are prioritizing AI applications in their spending plans. That also helps explain why Taiwan Semi noted a softening in demand for chips in its earnings report.  ( 26 min )
    Johnson & Johnson Wants to Swap Kenvue Shares. Expect Details Today.
    The company plans J&J plans on exchanging up to 1.5 million shares of Kenvue stock that it owns, for outstanding shares of J&J common stock.  ( 29 min )
    Federal Reserve to resume rate hikes after June pause
    The Federal Reserve is expected to raise rates by 0.25% on Wednesday, resuming its aggressive rate hiking campaign in an effort to bring inflation back to its 2% target.  ( 10 min )
    Weekly Stock List
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    Bitcoin Drops. This Week Is All About the Fed.
    Bitcoin and other cryptocurrencies were falling on Monday ahead of the Fed meeting. Elsewhere, OpenAI CEO Sam Altman celebrated the launch of Worldcoin.  ( 47 min )
    Tesla Stock Hit With Another Downgrade. But It’s Getting a Lot Right.
    The electric vehicle maker's stock is bumped to Neutral from Buy by UBS analyst Patrick Hummel. Full self-driving technology is the next catalyst for the company, he says.  ( 26 min )
    AMC Stock Jumps After Shock Court Ruling. Meme Volatility Is Back.
    With AMC quickly filing a modification of the settlement plan, after it was rejected by a judge Friday. The volatility surrounding the stocks could well be here to stay.  ( 26 min )
    Dow Jones Futures Rise As Fed Meeting, Huge Earnings Loom; Tesla Stock Downgraded
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    Johnson & Johnson Wants to Swap Kenvue Shares. Expect Details Today.
    The company plans J&J plans on exchanging up to 1.5 million shares of Kenvue stock that it owns, for outstanding shares of J&J common stock.  ( 29 min )
    Big Changes Shake Up The Nasdaq 100 — Including These Surprises
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    Global Hunt for Crude Sends Offshore Oil Stocks Soaring
    Drillers and servicers of ocean wells have climbed ahead of the broader market.  ( 26 min )
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    Technical Assessment: Neutral in the Intermediate-Term
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    Bond Traders Bet on ‘Nirvana Scenario’ in New Yield-Curve Theory
    (Bloomberg) -- Listen to Wall Street’s top economists and you’ll hear the same message again and again: The risk of a recession is fading fast. And yet, in the bond market, the traditional warning that a downturn is near — an inversion of the yield curve — keeps getting louder.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWh  ( 8 min )
    5 Things to Know Before Markets Open
    Shares of movie theater chain AMC jump as the company files a revised stock conversion proposal, and Barbie and Oppenheimer bring a big weekend for the box office. Here’s what investors need to know today.  ( 19 min )
    Public Storage to acquire Simply Self Storage for $2.2 billion
    Demand for storage space has waned from the heights of the pandemic, as people return to offices, and some analysts expect more consolidation in the sector. The acquisition reflects Public Storage's continued execution of its opportunistic growth strategy, the company said, adding it will deepen its presence in fast-growing markets.  ( 6 min )
    Daily – Vickers Top Buyers & Sellers for 07/24/2023
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    Daily – Vickers Top Insider Picks for 07/24/2023
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    UPS contract talks with Teamsters union near deadline, deal could hike company's costs
    UPS and the Teamsters union are set to resume talks on a new collective bargaining agreement this week before the current deal expires at the end of July and an August strike looms.  ( 9 min )
    Bitcoin Price Drops. New Crypto From ChatGPT Founder Fails to Lift Spirits.
    Bitcoin and other cryptocurrencies were falling on Monday ahead of the Fed meeting. Elsewhere, OpenAI CEO Sam Altman celebrated the launch of Worldcoin.  ( 36 min )
    J&J starts share exchange offer for consumer health spin-off Kenvue
    Johnson & Johnson said on Monday it had launched an exchange offer for its investors to exchange J&J's shares with those of its consumer health unit Kenvue. J&J, which currently owns an 89.6% stake in the consumer health unit, said it intends to split off at least 80.1% of Kenvue's shares as part of the offering.  ( 6 min )
    High mortgages rates will weigh on the housing market for years
    The U.S. housing market could take years to recover from the recent spike in mortgage rates, with property prices expected to fall at least 2.4% next year.  ( 8 min )
    AMC shares jump as stock conversion plan halted, preferred shares slide
    The highly shorted AMC common shares were the most traded across all stocks trading before the opening bell at 05:58 a.m. ET, surging 59% to $6.99. A Delaware court judge said on Friday she cannot approve a deal that would potentially provide current shareholders with additional shares worth $129 million as it would also settle potential claims by preferred shareholders who were not represented in the lawsuit. AMC investors had sued the company in February, alleging a plan to convert preferred stock to common stock was enacted to circumvent the will of common stock holders who opposed the issuing of new shares.  ( 7 min )
    Dogecoin Rises After Twitter Rebranding, Bitcoin Slides to $29K
    One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news.  ( 7 min )
    Stocks open higher with Big Tech earnings, Fed decision in focus: Stock market news today
    Stocks nudged higher Monday, as investors bided their time waiting for a crucial week of earnings from Big Techs and others to kick off and for a key policy decision from the Federal Reserve.  ( 7 min )
    Stock futures rise with Big Tech earnings, Fed decision in focus: Stock market news today
    Stocks nudged up in muted premarket trading Monday, as investors bided their time waiting for a crucial week of earnings from Big Techs and others to kick off and for a key policy decision from the Federal Reserve.  ( 7 min )
    UPDATE 2-J&J starts share exchange offer for consumer health spin-off Kenvue
    Johnson & Johnson said on Monday it had launched an exchange offer for its investors to exchange J&J's shares with those of its consumer health unit Kenvue. J&J, which currently owns an 89.6% stake in the consumer health unit, said it intends to split off at least 80.1% of Kenvue's shares as part of the offering.  ( 6 min )
    Sam Altman’s Worldcoin Token Soars on First Day of Trading
    (Bloomberg) -- Worldcoin, the token of the crypto project co-founded by OpenAI Chief Executive Officer Sam Altman, rallied on its first day of trading on Monday as investors piled into the hype around artificial intelligence. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vi  ( 6 min )
    'Barbie' buzz likely just a flash in the pan for toymaker Mattel
    The fanfare around Margot Robbie-starrer "Barbie" could jolt the iconic Mattel doll's sales out of a year-long slump, but Wall Street thinks the party in pink will be short-lived. While Mattel will report second-quarter results on Wednesday, days after the theatrical release of the movie, analysts say the boost for Barbie sales will be most pronounced in the quarter ending Sept. 29 before tapering off. The company will likely get a small cut of the movie's box-office innings, though the biggest benefit is expected to come from toy sales following the marketing blitz around its release.  ( 7 min )
    Why you should also be obsessed with Microsoft: Morning Brief
    The beast that is Microsoft is still worth a look by investors, despite a hot run in the stock this year.  ( 8 min )
    Why you should also be obsessed with Microsoft
    The beast that is Microsoft is still worth a look by investors, despite a hot run in the stock this year.  ( 8 min )
    The end of dieting: WeightWatchers and Noom are now pushing Ozempic-like miracle drugs over willpower
    Executives promise ‘the demise of dieting.’ Could we be so lucky?  ( 15 min )
    Futures edge up ahead of more Big Tech earnings, Fed decision
    The centerpiece event of the week is the Fed's policy meeting, with the central bank expected to raise interest rates by 25 basis points on Wednesday. A majority of economists polled by Reuters still expect this will be the last increase of the current tightening cycle, after data this month showed signs of disinflation, eliminating the need for the Fed to lift rates further and supporting the thesis that has helped buoy stocks in recent weeks. The tech-heavy Nasdaq has rallied 34% so far this year, outperforming its Wall Street peers, as rate-sensitive megacap growth companies jumped on hopes that the Fed's aggressive rate hike cycle will end soon and optimism over artificial intelligence.  ( 7 min )
    Bitcoin, Ether fall along with most top 10 cryptos, except Dogecoin
    Bitcoin will have to remain above US$29,500 to prevent further bearish momentum, industry experts told Forkast.  ( 8 min )
    Uninsured depositors remain a ticking time bomb for the U.S. banking system
    Uninsured deposits are currently around 40% of all U.S. bank deposits–up from only 20% three decades ago.  ( 8 min )
    Some Binance.US Crypto Trading Was a Mirage, the SEC Alleges
    Regulators and academics say some digital asset exchanges inflate trading volumes.  ( 27 min )
    Tesla Is Getting a Lot Right. But Here’s Why One Analyst Downgraded the Stock.
    Tesla is downgraded to Neutral from Buy by UBS analyst Patrick Hummel. Full self-driving technology is the next catalyst for Tesla, he says.  ( 26 min )
    These Stocks Are Moving the Most Today: AMC, Chevron, Tesla, Domino’s, Microsoft, and More
    AMC Entertainment files a revised stock conversion proposal, Chevron issues a second-quarter performance update better than expectations, and Tesla shares are downgraded.  ( 27 min )
    Euro zone business downturn deepens far more than thought in July -PMI
    A downturn in euro zone business activity deepened much more than expected in July as demand in the bloc's dominant services industry declined while factory output fell at the fastest pace since COVID-19 first took hold, a survey showed. HCOB's flash Composite Purchasing Managers' Index (PMI) for the bloc, compiled by S&P Global and seen as a good gauge of overall economic health, dropped to an eight-month low of 48.9 in July from June's 49.9. "The euro zone economy will likely move further into contraction territory in the months ahead, as the services sector keeps losing steam."  ( 6 min )
    U.S. Stocks Set to Edge Up as Big-Tech Earnings, Fed Approach
    U.S. stock market futures pointed to small gains at the open on Monday as investors prepare for a busy week of earnings from big technology companies and the Federal Reserve’s monetary-policy meeting. Microsoft and Google-parent Alphabet will kick off the [string of tech earnings](https://www.barro  ( 12 min )
    India Blocks $1 Billion Bid By China’s BYD to Set Up EV Factory
    (Bloomberg) -- India rejected Chinese carmaker BYD Co.’s proposal to build a $1 billion electric-vehicle plant in partnership with a local company, according to people with knowledge of the matter.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Re  ( 8 min )
    Big Oil’s Weak Chemical Margins Add to Pain of Cheaper Crude
    (Bloomberg) -- Plunging margins for petrochemicals are set to take a bite out of Big Oil’s quarterly profits, adding to the pain companies are feeling from lower oil and gas prices.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billi  ( 9 min )
    JPMorgan Sees 35% Downside for China’s Top Builder as Woes Mount
    (Bloomberg) -- Shares of Country Garden Holdings Co. are expected to drop 35% as liquidity concerns surrounding China’s private builders are unlikely to ease anytime soon, according to JPMorgan Chase & Co. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average  ( 8 min )
    UPDATE 1-AMC files revised stock conversion settlement plan in court
    AMC Entertainment CEO Adam Aron said on Sunday the company filed a revised petition for a stock conversion plan to address the Delaware court's concerns over other shareholders. AMC had proposed a plan to allow it to convert preferred stock to common stock and issue millions of new shares. It was sued in February by investors over how the shareholder vote on the plan was conducted.  ( 7 min )
    Chinese e-commerce giant Alibaba says it will not sell shares in Ant's buyback program
    Chinese e-commerce giant Alibaba says it does not plan to sell any shares in its one-third shareholding in financial technology company Ant Group because it wants to retain its stake in an “important strategic partner.” Alibaba Group Holdings said in a filing Sunday that it will not participate in Ant’s share buyback program. Ant, which operates one of China’s leading mobile payments services Alipay, has seen its valuation fall nearly 70% from about $280 billion ($38.9 billion) at the time it was planning an IPO in 2020.  ( 7 min )
    Vodafone reports better revenue growth, names new CFO
    Vodafone reported first-quarter group service revenue growth of 3.7% on Monday, driven by a strong performance in Britain, and an improvement in the rate of decline in Germany, Italy and Spain.  ( 6 min )
    UPDATE 2-Nikola says damaged truck reignites at its headquarters
    An electric truck which was previously damaged reignited at Nikola's Phoenix, Arizona headquarters on Sunday afternoon but there were no injuries, the electric-truck maker said.  ( 6 min )
    Philips lifts outlook after profit beat, voices concern over China
    The Amsterdam-based group, a former industrial conglomerate that now focuses on medical technology, reported adjusted earnings before interest, taxes and amortization (EBITA) of 453 million euros ($503.78 million) for the April-June period, above the 394 million euros seen in a company-compiled poll. Its adjusted EBITA margin is now seen at the upper end of its previously forecasted high-single-digit range. Philips, which is facing lawsuits over its recall of respiratory devices, said it had produced approximately 99% of the new replacement respiratory devices and repair kits required for the remediation of the registered affected devices.  ( 7 min )
    Earnings Are the Tech-Stock Rally’s Next Big Test
    The next two weeks will bring earnings reports from Microsoft, Meta, Amazon, Alphabet and Apple.  ( 26 min )
    CEO of J&J spinoff Kenvue says big companies can lose focus: ‘By definition you are little more remote from where the action is’
    Kenvue, spun off from Johnson & Johnson in May, generated $15 billion in sales last year, enough to put it at rank 275 on 2022's Fortune 500 list.  ( 7 min )
    Adidas swamped with $565 million in orders for unsold Yeezy shoes: FT
    Adidas got orders for 4 million pairs across May and June, more than it expected, and it was unable to meet the demand, the FT reported, citing people familiar with the matter. The company said in May it would start selling some of the Yeezy shoes from its defunct partnership with Ye, the rapper formerly known as Kanye West, at the end of May and planned to donate some of the proceeds to organisations fighting antisemitism and racism.  ( 6 min )
    The British Economy Looks Ugly. Investors, Now’s the Time to Strike.
    U.K. companies are trading at about a 20% discount to global peers, according to Charles Luke, an investment manager at Murray Income Trust. That gives them scope to catch up.  ( 26 min )
    Tesla Is Lapping Germany’s Automakers in the Global EV Race
    (Bloomberg) -- Germany’s automakers announced bold plans the last several years to shift to electric cars and challenge Tesla Inc.’s dominance. Instead, they’re only falling further behind.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15  ( 9 min )
    Nikola says damaged truck reignites at its headquarters
    The damaged trucks were kept at the company's Phoenix site for "safety monitoring and the ongoing investigations." Nikola last month reported a fire around its headquarters and said it suspects foul play behind the incident that affected multiple trucks but caused no injuries.  ( 39 min )
    Stellantis, Samsung SDI set plan to build second US battery plant
    The plant will have an initial production capacity of 34 gigawatt hours (GWh). "This new facility will contribute to reaching our aggressive target to offer at least 25 new battery electric vehicles for the North American market by the end of the decade," Stellantis CEO Carlos Tavares said in a statement. Stellantis, whose brands include Peugeot, Jeep, Ram, Alfa Romeo, Citroen and Opel, has announced plans to reach 100% electric passenger car sales in Europe and 50% car and light truck electric mix in the U.S. by 2030.  ( 7 min )
    Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks?
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    Sam Altman’s Worldcoin Token to Launch Monday, Semafor Reports
    (Bloomberg) -- The cryptocurrency of OpenAI Inc. Chief Executive Officer Sam Altman is set to launch Monday, Semafor reported.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitA breakdown of how the Worldcoin tokens will b  ( 6 min )
    Posco Stock Jumps Most Ever on Bumper Profit and EV Battery Bets
    (Bloomberg) -- Posco Holdings Inc. shares jumped as much as 24% on Monday, the most on record, extending a July rally on strong quarterly profits and amid frenzied retail buying of stocks related to electric-vehicle batteries. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader V  ( 7 min )
    Asian Stocks Mixed in Big Week for Central Banks: Markets Wrap
    (Bloomberg) -- Equities look primed for early gains Monday as markets open in Japan and Australia, before sentiment turns more cautious when trading gets underway in China.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion Profit  ( 8 min )
    China property giants tumble as cash crunch bites
    SHANGHAI/SYDNEY (Reuters) -Stocks and bonds in China's real estate industry fell to around eight-month lows on Monday as repayment concerns at two of the country's biggest developers deepened a crisis of confidence in the sector. Cash shortages at giants Country Garden and Dalian Wanda show funding issues have reached what many hoped were the largest and safest players in a business that once contributed a quarter of China's gross domestic product and is all but frozen. Country Garden shares fell by 8.7% to HK$1.26, an eight-month low and shares in its services arm tumbled 17.9% to HK$7.4.  ( 8 min )
    Oil Drops as Likely Fed Hike Weighed Against Tightening Market
    (Bloomberg) -- Oil fell after four weekly gains as traders weighed prospects for another hike from the Federal Reserve against signs of a tighter market.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitWest Texas Intermed  ( 6 min )
    China’s Top Leaders Likely to Disappoint on Big Bang Stimulus
    (Bloomberg) -- China’s top leaders will fail to deliver big-bang stimulus for the weakening economy this week, economists say, disappointing financial markets seeking strong action to counter the downturn. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average  ( 8 min )
    Chevron Waives Retirement Age for CEO Mike Wirth
    The oil giant reported higher-than-expected profit in the second quarter.  ( 25 min )
    Bitcoin reclaims US$30,000, Ether gains, Cardano leads winners as top 10 crypto rise
    Bitcoin rose on Monday morning in Asia to reclaim the US$30,000 support level. Ether moved higher, while most other top 10 non-stablecoin tokens also gained.  ( 7 min )
    Alibaba to Stay on Sidelines of Ant’s $6 Billion Stock Buyback
    (Bloomberg) -- Alibaba Group Holding Ltd. has decided not to sell any part of its one-third stake in Ant Group Co. during the Chinese fintech leader’s imminent share buyback, saying it wants to maintain its slice of an important partner.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOi  ( 8 min )
    The 3,300 employees of an oil trading firm each made almost $800,000 last year – way more than Wall Street bank staff
    Oil price gyrations following Russia's invasion of Ukraine meant profits of $15.1 billion that Vitol shared with its staff, Bloomberg reported.  ( 7 min )
  • Open

    Onderzoek: vlas en hennep zijn 'essentieel' voor duurzamere bouw
    Vezels van vlas en hennep kunnen de bouw een stuk milieuvriendelijker maken, concluderen onderzoekers van ABN AMRO. Daarvoor moet er wel meer van verbouwd gaan worden, bijvoorbeeld in Oost-Europa.  ( 4 min )
    Starters op de woningmarkt zien prijzen harder zakken dan doorstromers
    Mensen die voor het eerst een woning kopen, zien de huizen sneller in waarde dalen dan mensen die doorstromen naar een volgend koophuis. Dat komt vooral door de hogere hypotheekrente.  ( 3 min )
    NU+ | Twitter heet voortaan X: 'Musk houdt zich niet aan de marketingwetten'
    Elon Musk verandert Twitter in X. Op de webversie is het vogeltje uit het logo al vervangen door de letter X. Het is de zoveelste plotselinge verandering sinds de overname van het bedrijf door Musk. Merkendeskundigen noemen hem onnavolgbaar.  ( 4 min )
    Van Twitter naar X: 'Bijzonder, maar Musk is wel vaker bijzonder'
    Elon Musk verandert Twitter in X. Op de webversie is het vogeltje uit het logo al vervangen door de letter X. Het is de zoveelste plotselinge verandering sinds de overname van het bedrijf door Musk. Merkendeskundigen noemen hem onnavolgbaar.  ( 5 min )
    Zwitserse bank UBS krijgt boete van bijna 400 miljoen dollar
    De Zwitserse bank UBS moet de Amerikaanse en Engelse centrale banken een boete betalen van bijna 400 miljoen dollar. Dat is vanwege het risicovolle gedrag van de overgenomen bank Credit Suisse.  ( 3 min )
    Snackbars willen wel minder wegwerpplastic, maar hergebruik lukt nog niet
    De snacksector is het niet eens met de beschuldiging dat snackbars winst maken op plastic verpakkingen. Zij moeten sinds 1 juli een toeslag rekenen aan de klant voor wegwerpplastic. Zien we daardoor bij frituurders ineens meer herbruikbare verpakkingen?  ( 4 min )
    Meeste statiegeldmachines doen het weer na cyberaanval
    De meeste problemen bij statiegeldmachines in supermarkten zijn opgelost. Met een nieuw systeem heeft ontwikkelaar Tomra naar eigen zeggen 90 procent van de overlast bij klanten verholpen. Door een cyberaanval konden consumenten bij een klein deel van de supermarkten hun statiegeldflessen en -blikjes niet kwijt.  ( 3 min )
    Spotify wordt voor het eerst duurder: 1 tot 3 euro per maand erbij
    Muziekdienst Spotify heeft maandag zijn maandprijzen verhoogd. In Nederland betaal je voor een Premium-abonnement voortaan 11 euro per maand. Dat is 1 euro duurder dan voorheen.  ( 3 min )
    Massale interesse in Yeezy-sneakers ondanks breuk Adidas en Ye
    Sneaker-liefhebbers hebben de afgelopen tijd voor 508 miljoen euro Yeezy-sneakers besteld bij adidas. Het gaat om sportschoenen die over zijn na de breuk tussen het Duitse sportmerk en rapper en modeontwerper Ye, die vroeger Kanye West heette.  ( 3 min )
    Nederlander gaat gemiddeld drie weken met zomervakantie, maar langer mag
    De schoolvakanties zijn begonnen en dat betekent dat iedereen tegelijk naar de camping of de Spaanse costa wil. We nemen in de zomer gemiddeld zo'n drie weken vrij. Werkgevers en werknemers weten dat in de meeste gevallen goed te regelen.  ( 5 min )
    Philips brengt zoveel mogelijk werknemers na reorganisatie elders onder
    Philips gaat zoveel mogelijk werknemers die in Nederland hun baan verliezen vanwege de reorganisatie begeleiden naar ander werk. Het concern heeft met meerdere bedrijven in de regio Eindhoven contact om medewerkers onder te brengen.  ( 4 min )
    Hotelketen Fletcher op de vingers getikt over extra kosten bij vouchers
    Fletcher Hotels moet voortaan duidelijker zijn over de voorwaarden van vouchers die klanten kunnen kopen. Dat meldt toezichthouder ACM, nadat een aantal klanten heeft geklaagd over onverwachte extra kosten bij het gebruik van de voucher.  ( 3 min )
    Elon Musk verandert de boel weer: Twitter wordt X
    Twitter-eigenaar Elon Musk wil af van het huidige logo van Twitter. De vogel verandert in de letter X. "Binnenkort zeggen we gedag tegen het Twitter-merk", schrijft Musk op zijn account.  ( 4 min )
    Franse kartelwaakhond is onderzoek gestart naar Philips
    De Franse autoriteiten zijn eerder dit jaar een onderzoek gestart naar Philips. Het Nederlandse concern zou mogelijk gevoelige informatie over huishoudelijke apparaten hebben uitgewisseld met andere bedrijven en daarmee mededingingsregels hebben overtreden.  ( 3 min )
    Nederlander gaat gemiddeld drie weken op zomervakantie, maar langer mag
    De schoolvakanties zijn begonnen en dat betekent dat iedereen tegelijk naar de camping of de Spaanse costa wil. We nemen in de zomer gemiddeld zo'n drie weken vrij. Werkgevers en werknemers weten dat in de meeste gevallen goed te regelen.  ( 4 min )

  • Open

    Chevron's $6 billion second-quarter profit tops analysts' outlook
    Chevron Corp's second-quarter earnings topped Wall Street estimates, the company said on Sunday, and Chief Executive Michael Wirth also signaled the number two U.S. oil company remains open to more acquisitions and to increasing shareholder distributions this year. In a rare preview of its results that coincided with the announced retirement of its finance chief, Chevron disclosed a $6 billion net profit in the quarter ended June 30. While that profit is almost half of the record profit in the same period last year, the $3.08 a share adjusted profit beat Wall Street's $2.97-a-share consensus estimate.  ( 7 min )
    AMC files revised stock conversion settlement proposal in Delaware court
    "Yesterday we along with the plaintiffs, filed with the Delaware Court, a modification of the legal release surrounding the settlement of the Delaware litigation in an effort to address the Court's voiced concern," AMC CEO Adam Aaron said in a letter to investors. He emphasized raising capital for the company's survival and said "to protect AMC's shareholder value over the long term, we MUST be able to raise equity capital." Aaron also mentioned that in a March 14 special election a majority of the AMC common shareholders and preferred shareholders supported his views on the stock conversion.  ( 7 min )
    Chevron Beats Earnings Forecasts While Extending CEO’s Tenure
    (Bloomberg) -- Chevron Corp. posted better-than-expected earnings as output in the Permian Basin soared to a record and the oil giant said it waived the mandatory retirement age for Chairman and Chief Executive Officer Mike Wirth.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trade  ( 8 min )
    The Great M&A Slump Is Shaking Up Giants of Investment Banking
    (Bloomberg) -- A few years ago, top investment bankers at Goldman Sachs Group Inc. wouldn’t even bother picking up phone calls from recruiters at smaller rivals. This year, managers at Jefferies Financial Group Inc., Evercore Inc. and PJT Partners Inc. say they’ve been inundated with CVs from the likes of Goldman, Barclays Plc and Credit Suisse.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally Bela  ( 13 min )
    Chevron’s Second Quarter Profit Beats Outlook on Record Shale Production
    Production in the Permian Basin rose 11% from the second quarter last year, Chevron said on Sunday. The oil major also announced a new CFO.  ( 26 min )
    Teamsters Push Back Strike Threat at Trucker Yellow
    The union says a key pension and benefits fund agreed to maintain healthcare coverage after debt-laden Yellow missed a monthly contribution.  ( 25 min )
    AMC Revises Stock-Conversion Settlement Plan Rejected By Judge
    (Bloomberg) -- AMC Entertainment Holdings Inc. has revised a stock-conversion proposal after a surprise court ruling scuttled an earlier version of the plan and caused the movie-theater chain’s shares to jump. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Aver  ( 8 min )
    Strike at trucking firm Yellow averted after deal
    U.S. trucking firm Yellow averted a threatened strike by 22,000 Teamsters-represented workers on Sunday, saying the company will pay the more than $50 million it owed in worker benefits and pension accruals. "Agreement by the Central States at the urging of the Teamsters gives Yellow 30 days to pay its bills with the understanding the company will do so within the next two weeks," Teamsters union said on Sunday. Yellow is the third-biggest U.S. trucking company specializing in the less-than-truckload segment that combines shipments from different customers in the same trailer.  ( 7 min )
    Craftsman factory in Texas shows challenges of reshoring manufacturing
    Craftsman's effort to create a highly-automated factory for tool production in Fort Worth, Texas, came to an end earlier this year when the facility was shutdown.  ( 9 min )
    Chevron Posts $6 Billion Quarterly Earnings, Beating Estimates
    (Bloomberg) -- Chevron Corp. reported second-quarter earnings of $6.01 billion, beating analyst estimates.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitThe figures, while down 48% from the same period last year, topped  ( 7 min )
    Chevron CEO to stay past retirement age, finance chief to depart in 2024
    U.S. oil major Chevron Corp on Sunday said Pierre Breber, vice president and chief financial officer, will retire from Chevron in 2024 and named current chief technical officer Eimear Bonner as his successor from March 1, 2024. Chevron's independent directors waived the company's mandatory retirement age of 65 for its chairman and chief executive officer, Mike Wirth, who will turn 63 later this year, the company said.  ( 6 min )
    Domino’s Earnings Are Monday. Wall Street Is Excited About the Uber Deal and Cheaper Cheese.
    For the June quarter, analysts expect the pizza chain's same-store sales to come in 1% higher than a year ago.  ( 26 min )
    Microsoft, GM, Verizon, Alphabet, Exxon Mobil, Meta, and More Stocks to Watch This Week
    The Federal Reserve is expected to raise interest rates on Wednesday. Plus, earnings reports from Alphabet, Microsoft, Visa, General Electric, Verizon, Meta Platforms, and more.  ( 27 min )
    FOMO, YOLO, RINO: The quirkiest catchphrases explaining the surprising buoyancy of the stock market and economy
    No content preview
    What valuations can and can't tell us about the stock market
    Just because valuations are high at a given moment does not mean the next 12 months’ return will be weak.  ( 12 min )
    Tesla stock falls as margins slip, VanMoof files for bankruptcy, and Aurora sells $820M worth of stock
    U.S. policymakers and agencies are looking for ways to regulate autonomous vehicles on a larger scale. First, there’s the National Highway Traffic Safety Administration (NHTSA), which plans to announce a new rule-making in September that could benefit AV companies like Cruise and Zoox, both of which have plans to launch purpose-built robotaxis that don’t have steering wheels or pedals. General Motors, which owns Cruise, submitted a petition in February 2022 to NHTSA to deploy up to 2,500 of the Cruise Origins annually without human controls and may soon have an answer.  ( 14 min )
    C3 AI: Why the hype may have gotten out of hand
    C3 AI's been on a tear in the public markets this year, up a staggering 260% year-to-date. However, the C3 picture is more complicated than the skyrocketing stock might suggest.  ( 11 min )
    Dow Jones Futures: Microsoft, Google, Meta Earnings Are Big Tests For AI-Led Market Rally
    No content preview
    The stock market is overbought and due for a correction, says strategist
    A broader market rally doesn't mean we're headed for a soft landing, says one strategist. He believes the markets are overbought and due for a correction.  ( 8 min )
    Barclays loves these gold mining stocks — and gives them double-digit upside
    Few things fire up the imagination of wealth better than a gold mine. After all, while money doesn’t grow on trees, we can actually dig it up out of the ground. Our wealth-related metaphors often revolve around gold, with phrases like ‘things as good as gold’ and ‘an asset that’s like a gold mine.’ Indeed, gold stands as the ultimate symbol of riches and prosperity. While owning a gold mine might be a distant dream for many, investing in the stock of a gold mine presents an entirely feasible opp  ( 10 min )
    Tech Employee Stock Benefits Could Bite Back at Tax Time, Advisors Say
    Workers at firms like Nvidia, Amazon, Apple and Microsoft have seen big jumps in their company shares, but many don’t know the tax hit those earnings could bring  ( 19 min )
    Ask an Advisor: I Have 4 Kids and Make $85k But My Husband Doesn't Work. How Do I Start Investing So I Can Pay for College?
    I'm in my mid-40s, married with four kids. My husband doesn't want to work and has left the financial responsibilities to me for as long as I can remember. I don’t have much in my savings account or in my 401(k). My annual income is only around $85,000. My eldest is about to start college, […] The post Ask an Advisor: I Have 4 Kids and Make $85k But My Husband Doesn’t Work. How Do I Start Investing So I Can Pay for College? appeared first on SmartReads by SmartAsset.  ( 9 min )
    Bain to buy 90% stake in Adani Capital and Adani Housing
    U.S.-based investment firm Bain capital said on Sunday that it has entered into an agreement to acquire 90% of Adani Capital and Adani Housing, buying out the Adani family's private investments in the company.  ( 5 min )
    Ask an Advisor: I'm Retiring at the End of This Year and Will Have an Extra $40K to Invest. Should I Pay Off My Car Loan or Buy Dividend Stocks?
    I will be retiring at the end of this year. I am trying to decide between two choices on how to best use $40,000 that I anticipate I will have as extra money by the end of the year. My only debt is the payoff of one automobile, which is about $40,000. Or, I can […] The post Ask an Advisor: I’m Retiring at the End of This Year and Will Have an Extra $40K to Invest. Should I Pay Off My Car Loan or Buy Dividend Stocks? appeared first on SmartReads CMS - SmartAsset.  ( 9 min )
    The Unexpected Cost That's Bleeding Real Estate Investors' Profits
    Real estate has become an increasingly popular choice among investors of just about all classes. Whether you're a large investor purchasing entire properties, or a retail investor buying into REITs or ETFs, this asset class can be a strong choice for your portfolio. But, according to a recent publication from Origin Investments, there's a risk […] The post For Real Estate Investors, Costs Are Rising Due to This Unexpected Cost appeared first on SmartReads by SmartAsset.  ( 9 min )
    You May Be Surprised By How Long $750,000 Lasts You in Retirement
    If you retire with $750,000 in your portfolio, how long will it last? This is one of the most important questions in retirement and the answer is, it depends. It depends on a wide range of individual factors, from where you live and how much you spend to how you invest. No one can give a general […] The post How Long Will $750,000 Last in Retirement? appeared first on SmartReads CMS - SmartAsset.  ( 10 min )
    Gen Z has a new ‘battle cry’ at work: ‘Lazy Girl Jobs'
    Working a job with set hours, solid benefits, and fully remote flexibility is Gen Z’s answer to hustle culture.  ( 10 min )
    Stock Market’s 2023 Surge Faces Fed Test Even as Profits Improve
    (Bloomberg) -- US stocks are approaching a record high and the outlook for Corporate America is only expected to brighten. Now investors are waiting to see if the Federal Reserve derails the market’s bull run.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Avera  ( 8 min )
    AT&T, Verizon Investors Have More Than Lead Cables to Worry About
    Telecom stocks have sagged under heavy debt and concerns about slowing growth.  ( 25 min )
    China hits back against Western sanctions
    The Communist Party is becoming less timid in its retaliation against American economic warfare  ( 8 min )
    Why GE Shares Are Hotter Than Apple, Meta or Tesla
    Stock more than doubles from a year ago as the conglomerate continues its breakup into three companies.  ( 25 min )
    Fed decision, Big Tech earnings highlight the busiest week of the summer
    As the stock market rally begins to broaden, a Federal Reserve meeting and quarterly reports from more than 150 S&P 500 companies await investors in the week ahead.  ( 11 min )
    Big Pharma Bets Big on China
    China remains attractive to global pharmaceutical companies even as many multinationals shift their focus elsewhere.  ( 25 min )
    Biden is targeting the ‘junk fees’ you’re always paying. But it may not save you money.
    President Joe Biden's efforts to eliminate junk fees won't necessarily save shoppers any money, critics warn. Here's why.  ( 10 min )
    Musk Says Twitter Will Change Logo to X, ‘Bid Adieu’ to Bird
    (Bloomberg) -- Elon Musk said he wants to drop the Twitter logo soon and eventually get rid of the birds that have long been its signature.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitThe billionaire tweeted a shimmer  ( 6 min )
    Here’s How China Is Supporting Its Economy as Stimulus Awaited
    (Bloomberg) -- China has announced several measures recently to boost the economy and made a number of pledges to improve the business environment as concerns about the growth outlook continue to mount. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay  ( 7 min )
    Why Businesses Can’t Stop Asking for Tips
    Employers far beyond restaurants rely on the practice to avoid paying higher wages. Have customers reached their limit?  ( 21 min )
    Hedge Funds Brawl Over Battered Commercial Real Estate
    Distressed investors are fighting over REITs trading at discount prices.  ( 26 min )
    The U.S. Power Grid Withstands the Heat, So Far
    Electric supplies from renewable energy, hydropower and batteries bolster vulnerable parts.  ( 25 min )
    TipRanks’ ‘Perfect 10’ List: Analysts Pound the Table on These Top-Rated Stocks
    There’s no doubt the bulls have been charging ahead in 2023. The S&P 500 is up more than 18% year-to-date, while the tech-heavy NASDAQ has been puffing out its chest with a 34% return. Right now, the gains are narrow, resting mainly on a handful of deep-pocketed, big-name tech firms, but there’s a likelihood investor money will start spreading around more widely. If the bull market does widen out, it will raise the question of which stocks to buy, and that’s where the Smart Score can narrow the  ( 10 min )
    4 big deal reports: Stratasys finally agrees to talks with 3D Systems, spurns Nano
    Here is your Pro Recap of 4 head-turning deal dispatches you may have missed last week: Stratasys agrees to merger discussions with 3D Systems and rejects Nano again; VMware-Broadcom receives clearance from U.K. regulator; merger deal signed between Dell and Moogsoft, and KKR picks up a specialty chemicals name. After six weeks of unsolicited proposals and rejections, Stratasys (NASDAQ:SSYS) said early last week that 3D Systems' (NYSE:DDD) most recent revised buyout offer "would reasonably be expected to result in a 'Superior Proposal'" as defined within its all-stock $1.8 billion merger agreement with Desktop Metal (NYSE:DM), inked in May.  ( 8 min )
    Natural Catastrophes Already Cost $194 Billion This Year. What It Means for Your Insurance.
    Severe storms in the U.S. resulted in at least 13 individual billion-dollar events and $35 billion in insured losses for the first six months of the year.  ( 26 min )
    Restaurants Are Packed Again. How Long Can Diners Push Earnings?
    Restaurant stocks have been on a hot streak this year. Analysts question if the momentum will last given that restaurant inflation is still high.  ( 26 min )
    Most Expensive Euro on Record Has Traders Braced for Declines
    (Bloomberg) -- By some measures, the euro is at its most expensive level on record, potentially setting itself up for a fall if starts to undermine the euro area economy and forces the European Central Bank to turn dovish.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol  ( 9 min )
    Revealed: Saudi oil wealth backed £4bn Selfridges takeover
    Saudi Arabia has emerged as a private financial backer of the £4bn takeover of Selfridges, as part of a shopping spree intended to increase its international clout and boost development of its economy.  ( 7 min )
    The Inflation Giant Has Awakened. Why Price Growth Will Persist
    Powerful forces, from stimulus spending to climate change, have spurred the acceleration in price growth. History suggests inflationary trends will persist.  ( 26 min )
    Roth IRA Fund Options from Charles Schwab
    If you're looking at Charles Schwab’s fund options for your retirement account, SWTSX and SCHZ can be good options to consider.  ( 23 min )
    Russia Defies Sanctions by Selling Oil Above Price Cap
    Higher prices could bolster Moscow’s oil-export revenues, which last month dropped to just over half their level from a year ago.  ( 26 min )
    How U.S. Drug Companies Could Tip Europe Into Recession
    Swings in Ireland’s pharmaceutical industry, often rooted in tax moves by U.S.-based firms, have outsize impact on European output.  ( 24 min )
    A Retirement Tax Break That Ends the Fear of Outliving Your 401(k)
    The pros and cons of using your nest egg to buy a special longevity annuity in retirement.  ( 24 min )
    LTL rates bounce as Yellow struggles with union
    The less-than-truckload sector has been disrupted by a very public dispute between Yellow and the Teamsters. Rates have already seemingly responded and may continue to see support. The post LTL rates bounce as Yellow struggles with union appeared first on FreightWaves.  ( 7 min )
  • Open

    When Is Buying a Car Better Than Leasing?
    While leasing has certain advantages, buying a car tends to save you money in the long run and offers greater flexibility.  ( 24 min )
    Is Making Biweekly Mortgage Payments A Good Idea?
    Do you think making two payments a month for your mortgage is a good idea? Think twice about that. We tell you why.  ( 24 min )
    BanxQuote Money Markets Index: Definition and How It Works
    The BanxQuote Money Markets Index was an index of money market funds, compiled by the financial information firm BanxQuote.  ( 20 min )
    Group Health Insurance: What It Is, How It Works, Benefits
    A group health insurance plan offers coverage at a lower premium than an individual plan and is available to employees of a company or organization.  ( 24 min )
    7 Things You Need to Know About Driver's License Points
    Many states assign points to your driving record for violations. Learn how points work and how they can affect your car insurance rates.  ( 21 min )
    How to Buy Ripple (XRP)
    Ripple (XRP) is the native cryptocurrency for the payment system created by Ripple Labs Inc. Find out how to buy and invest in XRP.  ( 23 min )
    Carriage and Insurance Paid to (CIP): Definition and Example
    “Carriage and insurance paid to” is when a seller pays freight and insurance to deliver goods to a seller-appointed party at an agreed-upon location.  ( 21 min )
    The Basics of Outstanding Shares and the Float
    We go over different types of shares and what investors need to know about them so they can make better investing decisions.  ( 19 min )
    What Are the Chances of Dying Each Year? How to Determine
    Yearly probability of dying is a statistical estimate of the likelihood of a person dying within a year, based on age and sometimes other factors.  ( 24 min )
    What's the difference between a confidence level and a confidence interval in Value at Risk (VaR)?
    Learn about the value at risk, how confidence intervals and confidence levels are used to interpret the value at risk and the difference between the two.  ( 19 min )
    What Is a Brokerage Fee? How Fees Work, Types, and Expense
    A brokerage fee is a fee a broker charges to execute transactions or provide specialized services.  ( 24 min )
    Market Index: Definition, How Indexing Works, Types, and Examples
    A market index is a hypothetical portfolio representing a segment of the financial market. Popular indexes include the Dow Jones, S&P 500, and Nasdaq.  ( 25 min )
    Total Permanent Disability (TPD): Definition, What Qualifies
    Total permanent disability (TPD) is a condition in which an individual is no longer able to work due to injuries.  ( 19 min )
    Short Selling, or Selling Something You Don't Own
    Money can be made on a stock without actually owning any shares, but short selling isn't for new investors.  ( 22 min )
    Accidental Death Benefit: What It Is, Examples of What It Covers
    The accidental death benefit (ADB) is a payment due to the beneficiary of an accidental death insurance policy. Learn more about what it covers.  ( 21 min )
    What Is a Commodity and Understanding Its Role in the Stock Market
    A commodity is a basic good used in commerce that is interchangeable with other goods of the same type.  ( 26 min )
    Elon Musk Says Twitter Bird Logo Will Be History Soon
    Elon musk announced that he will drop Twitter's bird logo, saying it should have been done a long time ago.  ( 16 min )
    6 Ways to Write off Your Car Expenses
    Reduce the cost of owning and maintaining a car with these clever tax tips.  ( 20 min )
    Understanding CFR vs. CIF
    Learn about the difference between two freight methods and how costs apply to them.  ( 21 min )
    Cryptocurrency Explained With Pros and Cons for Investment
    A cryptocurrency is a digital or virtual currency that uses cryptography and is difficult to counterfeit.  ( 29 min )
    The 5 Biggest Russian Banks (SBER, VTBR)
    Examine the largest banks in the Russian Federation, including the massive conglomerate Sberbank, which is the third-largest bank in Europe.  ( 20 min )
    What Is a Car Title and Why Is It Important?
    A detailed description of what a car title is and its importance to registering and owing a personal vehicle.  ( 19 min )
    10 Tips for Getting a Fair Price on a Home
    Make sure the house you choose is worth the price you pay. Here are 10 tips on how to get a good price for a home.  ( 24 min )
    Student Loan Forbearance: Pros and Cons
    Here are the pros and cons of temporarily suspending your student loan payments.  ( 26 min )
    The Safest and the Riskiest Assets
    When investing some assets are considered safe, while others are considered risky, this includes savings accounts, T-bills, certificates of deposit, equities and derivatives.  ( 19 min )
    4 Tips for Joining an Investment Club
    These circles of like-minded people are a wonderful way to explore investing without laying out large sums.  ( 21 min )
    Credit Life Insurance: What it is and Who Needs it
    Credit life insurance is a policy designed to pay off a borrower's debt if the borrower dies. Learn how it works and more about the pros and cons.  ( 21 min )
    How Does Dental Insurance Work?
    Understand how dental insurance works and find out what to look for when comparing policies.  ( 23 min )
    Group and Individual Disability Insurance Overview
    Disability coverage is important to have in case you become physically unable to work. You can purchase group or individual coverage.  ( 21 min )
    College Tuition vs. Investing: Is It Worth It?
    With the rising cost of college and questionable career prospects awaiting college graduates, some are wondering if a college education is still worth it.  ( 23 min )
    Tech Employee Stock Benefits Could Bite Back at Tax Time, Advisors Say
    Workers at firms like Nvidia, Amazon, Apple and Microsoft have seen big jumps in their company shares, but many don’t know the tax hit those earnings could bring  ( 18 min )
    Home Equity Loan vs. Mortgage: What's the Difference?
    Home equity loans and mortgages are loans that use your home as collateral, but there are important differences between the two.  ( 25 min )
    With Fewer Houses On The Market, Brokers And Lenders Compete For Crumbs
    Full-time realtors are frustrated with the amount of competition now required to sell a home because the market is so saturated with agents while mortgage lenders are cutting jobs amid a deal slowdown.  ( 19 min )
    Decreasing Term Insurance: Definition, Example, Pros & Cons
    Decreasing term insurance is a renewable term life insurance with coverage decreasing at a predetermined rate throughout the policy's life.  ( 21 min )
    Roth IRA Fund Options from Charles Schwab
    If you're looking at Charles Schwab’s fund options for your retirement account, SWTSX and SCHZ can be good options to consider.  ( 23 min )
    Oil: A big investment with big tax breaks
    Oil and gas investments can provide unmatched tax deduction potential for accredited investors.  ( 22 min )
  • Open

    Huizenprijzen dalen in een jaar met ruim 5 procent
    Koophuizen waren vorige maand gemiddeld 5,5 procent goedkoper dan een jaar eerder. Verder blijkt dat het aantal verkochte woningen met 6 procent is gestegen in vergelijking met vorig jaar. Dat concluderen het Kadaster en statistiekbureau CBS.  ( 4 min )
    NU+ | Verrassing na ongeluk op vakantie: zo voorkom je een hoge zorgrekening
    Vakantiegangers die in het buitenland in het ziekenhuis belanden, krijgen ook nog eens een pijnlijke verrassing te verwerken. Als je niet extra verzekerd bent, is er een grote kans dat je zelf een deel van de kosten moet betalen.  ( 4 min )
    Extreem weer in Zuid-Europa kunnen we hier in wijnwinkels merken
    Liefhebbers van wijnen uit Spanje of Italië hoeven zich nu nog geen zorgen te maken over het extreme weer daar. Maar als het langer aanhoudt, kan dat wel slecht uitpakken voor de druivenoogst.  ( 4 min )
    NU+ | Pas op voor hoge zorgrekening bij medische hulp op vakantie
    Vakantiegangers die in het buitenland in het ziekenhuis belanden, krijgen ook nog eens een pijnlijke verrassing te verwerken. Als je niet extra verzekerd bent, is er een grote kans dat je zelf een deel van de kosten moet betalen.  ( 4 min )
    Wijnoogst kan in gevaar komen bij langdurige hittegolf in Zuid-Europa
    Liefhebbers van wijnen uit Spanje of Italië hoeven zich nu nog geen zorgen te maken over het extreme weer daar. Maar als het langer aanhoudt, kan dat wel slecht uitpakken voor de druivenoogst.  ( 4 min )
  • Open

    Elon Musk Says Twitter Bird Logo Will Be History Soon
    Elon musk announced that he will drop Twitter's bird logo, saying it should have been done a long time ago.  ( 1 min )

  • Open

    How to Get the Best Price on a New Car
    When shopping for a new car, you want to make sure that you get the best price. Learn how, without the hassle of haggling.  ( 21 min )
    What Is Clearing? Definition, How It Works, and Example
    Clearing is when an organization acts as an intermediary to reconcile orders between transacting parties. A clearing bank approves checks for payments.  ( 23 min )
    Does Your Homeowner’s Insurance Cover Airbnb?
    Renting out a room on Airbnb can be a good way to generate income, but you need to understand what is and isn’t covered by your homeowner’s insurance.  ( 20 min )
    10 Important Cryptocurrencies Other Than Bitcoin
    Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 30 min )
    3 Things To Consider When Renting by the Room
    Although renting by the room can increase returns on rental property, it does come with a few caveats.  ( 21 min )
    What Is Recoverable Depreciation in a Home Insurance Policy?
    Understanding recoverable depreciation may help you claim more in insurance reimbursement for damage to your property.  ( 26 min )
    What Are Defined Contribution Plans, and How Do They Work?
    A defined contribution (DC) plan is a retirement plan in which employees allocate part of their paychecks to an account funding their retirements.  ( 25 min )
    Mode of Premium: Meaning, Overview in Life Insurance, FAQ
    Your decision on how frequently to make life insurance payments, or your mode of premium, can have a big impact on your total costs.  ( 19 min )
    Collision Insurance: What it is, How it Works
    Collision insurance is auto coverage that reimburses the insured for damage sustained to their personal automobile, due to the fault of the insured driver.  ( 17 min )
    Product Recall Insurance: What it is, Reasons For it
    Product recall insurance covers expenses associated with recalling a product from the market.  ( 19 min )
    Actuarial Life Table: What it is, How it Works, FAQs
    An actuarial life table is a table or spreadsheet that shows the probability of a person at a certain age dying before their next birthday and is used by insurance companies to price products.  ( 19 min )
    Business Crime Insurance: What it is, How it Works, Impact
    Business crime insurance gives companies protection from damage from corporate crimes like fraud, embezzlement, theft, and others.  ( 19 min )
    What Is Classic Car Insurance?
    Classic car insurance is geared toward vehicles, even newer ones, that tend to appreciate in value.  ( 20 min )
    Energy Improvement Mortgage Definition
    An energy improvement mortgage allows borrowers to qualify for additional loan funding for cost-effective energy efficiency improvements on a home.  ( 18 min )
    Member Month: Overview, Calculations, Examples
    The member month refers to the number of individuals participating in an insurance plan each month. It is calculated with specific formulas.  ( 19 min )
    Ceding Company: Meaning, Benefits, Types
    A ceding company is an insurance company that passes a part or all of its risks from its insurance policy portfolio to a reinsurance firm.  ( 19 min )
    Captive Agent: What it is, How it Works, Pros and Cons
    A captive agent is an insurance agent who only works for one insurance company and is paid by that one company, either by salary, commission, or both.  ( 18 min )
    Homeowners Association (HOA) Fee: Meaning, Overview and FAQs
    An HOA fee is a recurring fee paid by some homeowners to an organization that helps maintain and improve their property and others in the same group.  ( 22 min )
    Intrinsic Value of a Stock: What It Is, Formulas to Calculate It
    Intrinsic value reduces the subjective perception of a stock's value by analyzing its fundamentals.  ( 25 min )
    Health Maintenance Organization (HMO): What It Is, Pros and Cons
    A health maintenance organization (HMO) is a health insurance plan that provides health services through a network of doctors for a monthly or annual fee.  ( 28 min )
    Golden Cross Pattern Explained With Examples and Charts
    A golden cross is a bullish chart pattern used by traders and investors where a short-term moving average crosses a long-term moving average from below.  ( 24 min )
    Commodity vs. Product: What's the Difference?
    Although they are often confused and may be used interchangeably, the terms commodity and product are very different.  ( 21 min )
    How to Find Your Student Loan Servicer
    While you don’t have a say in who your student loan servicer will be, you should be able to easily find out who they are. Here’s what you need to know.  ( 23 min )
    Whole Life Insurance Definition: How It Works, With Examples
    Whole life insurance is permanent life insurance that pays a benefit upon the death of the insured and is characterized by level premiums and a savings component.  ( 30 min )
    Bond Yield Rate vs. Coupon Rate: What's the Difference?
    There are differences between a bond's yield rate and its coupon rate. The coupon rate influences market price and the market price influences yield.  ( 21 min )
    What Methods Are Used to Launder Money?
    Learn about the methods that criminals use when they are looking to launder money and how the government seeks to prevent them.  ( 24 min )
    Term of the Week: Net Interest Income
    Higher interest rates boosted big banks’ net interest income in the second quarter, which is the profit banks earn from charging higher interest rates to borrowers than they pay out to depositors and account holders.  ( 19 min )
    Elon Musk Launched His Own AI Startup—Here’s Musk’s Net Worth
    Earlier this month Tesla CEO Elon Musk announced his latest startup, xAI, which will focus on artificial intelligence. Musk is the richest person in the world as of July, thanks to the companies he leads including Tesla, SpaceX, and Twitter.  ( 18 min )
    Earnings Miss of the Week: Newmont Shares Tumble as Production Falls Short of Expectations
    Newmont Corporation, the world’s biggest gold mining company, missed profit expectations for the second quarter as lower production and gold prices weighed on profitability.  ( 17 min )
    How Do Interest Rates Affect the Stock Market?
    Interest rates can have a complicated ripple effect through financial markets. Learn more about how they specifically impact the stock market.  ( 28 min )
    How Does Sling TV (DISH) Work?
    Here's how Sling TV works. Sling TV streams live channels, including sports, and can be a great deal for cord-cutters.  ( 19 min )
    Origination Fee: Definition, Average Cost, and Ways to Save
    An origination fee is an upfront fee charged by a lender to process a new loan application. It acts as compensation for executing the loan.  ( 25 min )
    5 Broker Deals That Pay You to Open an Account
    Open an account with one of these listed companies to receive its brokerage account promotions, but be sure it's the right account for your needs.  ( 23 min )
    Marcus Savings Account Interest Rates: July 2023
    Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.  ( 21 min )
  • Open

    Philip Morris’s Earnings Outlook Falls Short. Why the CFO Is Upbeat.
    The maker of Marlboro cigarettes, Philip Morris, posted better-than-expected earnings for the second quarter.  ( 26 min )
    Delta boss to CEOs griping about employees not returning to the office: ‘They’re on my planes’
    "New work patterns mean that people are traveling who in the past couldn’t because they were in an office Monday through Friday."  ( 8 min )
    These 3 Wall Street strategists nailed the huge stock market rally that shocked most peers. Here's what they expect to happen next.
    No content preview
    10 Important Cryptocurrencies Other Than Bitcoin
    Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 30 min )
    Embattled Treasury Bulls Look to Fed to Spur Long-Sought Rally
    (Bloomberg) -- A bond market that wants to rally is anxiously waiting in the wings for the Federal Reserve to give it the green light next week as a robust economy keeps upending bullish positions.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Re  ( 8 min )
    Fed Readies Another Rate Hike in Pivotal Week for Central Banks
    (Bloomberg) -- The world’s major central banks meet in the coming week to set monetary policy amid continued signs that the worst inflation crisis in decades is easing.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitWhil  ( 11 min )
    State-mandated IRAs: How they encourage employers to start 401(k) plans
    For many Americans, saving for retirement starts with having an employer-provided plan, especially one that you’re automatically enrolled in with payroll deductions. The problem: nearly half of US private-sector workers–roughly 57 million people–don’t have access to an employer-sponsored pension, such as a 401(k). At least in some states, though, help may be on the way.  ( 9 min )
    Rising Consumer Pain Triggers Wall Street Concern: Credit Weekly
    (Bloomberg) -- US consumers, particularly those with lower incomes, are running into financial trouble as pandemic savings disappear, a headwind for lenders ranging from banks to asset-backed securities investors.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled A  ( 9 min )
    MrBeast plans to take on Hershey's with his Feastables brand - and says shorting a stock 'seems lame'
    No content preview
    This Week in Coins: Bitcoin and Ethereum Dip as Chainlink, XRP, XLM Lead Growth
    Also this week, the British treasury issued a firm no to those calling for crypto to be regulated as gambling.  ( 7 min )
    Tesla starts offering 84-month loans as interest rates rise
    (Bloomberg) -- Tesla Inc. has started offering consumers 84-month auto loans after Elon Musk said the carmaker would “have to do something” about rising interest rates.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitThe  ( 7 min )
    Will The Bullish Momentum In Gold And Silver Markets Continue?
    Precious metal prices, especially gold and silver, have seen a brief rally in July, but uncertainty remains as to whether this upward trend will continue.  ( 7 min )
    The housing market’s ‘lock-in effect’ is very real—just look at this map
    "Financing these at 3% [mortgage rates] then jumping rates to 6% is the same as burning them [the homes] down from a supply perspective"  ( 7 min )
    Trouble awaits Florida’s housing market as the state just lost another home insurer
    "Just in the last 18 months, 15 companies have stopped writing [insurance] business in Florida"  ( 10 min )
    Google, McDonald’s, Exxon Headline Busy Earnings Week
    A third of the S&P 500 is expected to report, including tech leaders Microsoft and Meta Platforms.  ( 25 min )
    Dow Jones Futures: These 3 Earnings Are Big Test For AI, Market Rally
    No content preview
    US shale slowdown spreads to oil services industry
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    AI Stocks Lead These 5 Names Near Buy Points
    No content preview
    From $370k to $950K: What It Takes to Be in the 1% in Every State
    No content preview
    Americans in These Professions Are Getting The Highest Pay Raises & Cuts
    Annual pay raises can help workers keep up with the rising costs of goods and services in an economy. But when prices increase faster than wages, a pay bump can end up feeling more like a pay cut. This was the case for many workers over the last few years when inflation dwarfed wage growth. […] The post These Careers Had the Highest Pay Bumps, While Others Fell Behind – 2023 Study appeared first on SmartReads CMS - SmartAsset.  ( 8 min )
    How The Rich (Legally) Avoid Paying Savings Account Taxes
    If you keep money in a regular savings account you will generally owe federal income taxes on the interest that is earned. You'll pay taxes at your regular rate the year interest is earned, whether or not you withdraw from … Continue reading → The post How to Avoid Tax on a Savings Account appeared first on SmartAsset Blog.  ( 9 min )
    The Last 5 Years Before You Retire Are Critical: Everything You Should Do Before Time Runs Out
    Retirement can seem like a faraway goal until all of a sudden, it's not. When you only have a few years left until you retire, the financial decisions you make take on a new importance. Once you're inside the five-year window, that's a good time to review your plan to make sure you're on track. […] The post How to Master the Last 5 Years Before Retirement appeared first on SmartReads CMS - SmartAsset.  ( 10 min )
    Survey: We have no idea how much we'll need for retirement
    Many workers have no idea how much they need to have saved for retirement, according to a survey by the nonprofit Transamerica Center for Retirement Studies TCRS, in collaboration with the Transamerica Institute.  ( 8 min )
    Fed, Netflix Earnings Cast Clouds Over 2023’s Tech-Stock Surge
    (Bloomberg) -- There’s growing concern on Wall Street that the twin engines of this year’s tech-stock surge are at risk of sputtering. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15.1 Billion ProfitThat was evident Thursday, when the t  ( 9 min )
    Schwab: Plan For These Hidden Retirement Expenses, ASAP
    Despite your best planning and efforts to prepare for retirement, you're still likely to encounter some kind of unexpected challenges after you stop working. According to Charles Schwab, there are five retirement surprises, which might come as a financial shock to many older workers. However, if you're prepared, you can avoid allowing seeing these disruptions […] The post The Hidden Retirement Expenses You Should Be Planning For, According to Schwab appeared first on SmartReads CMS - SmartAsset.  ( 8 min )
    Sugar Shortage Threatens Candy Production Ahead of Halloween, Holiday Seasons
    Buyers and producers debate agriculture policy requiring companies use mostly U.S. sugar.  ( 25 min )
    Elon Musk Launched His Own AI Startup—Here’s Musk’s Net Worth
    Earlier this month Tesla CEO Elon Musk announced his latest startup, xAI, which will focus on artificial intelligence. Musk is the richest person in the world as of July, thanks to the companies he leads including Tesla, SpaceX, and Twitter.  ( 19 min )
    The Energy Transition Will Require Cobalt. America’s Only Mine Can’t Get Off the Ground.
    The U.S. is playing catch-up in battery supply chains dominated by China.  ( 22 min )
    Is the regional banking crisis really over now? Investors think so.
    Regional bank stocks just had their best week in more than a year, even though executives warned that revenues and profits are still under pressure.  ( 9 min )
    Earnings Miss of the Week: Newmont Shares Tumble as Production Falls Short of Expectations
    Newmont Corporation, the world’s biggest gold mining company, missed profit expectations for the second quarter as lower production and gold prices weighed on profitability.  ( 18 min )
    Yemen Oil Tanker at Risk: An Operation to Avert a Massive Spill
    No content preview
    Why a Healthcare Bucket for Your Retirement Portfolio Makes Sense
    A 65-year-old retiring this year can expect to spend an average of $157,500 toward healthcare expenses throughout retirement, Fidelity estimates.  ( 26 min )
    China Addresses Investor Concerns in Meeting With Global Funds
    (Bloomberg) -- Chinese regulators met with global investors on Friday, according to people familiar with the matter, stepping up the government’s bid to boost market confidence as the country’s economic recovery loses steam. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganUS Recession Becomes Closer Call as Economists Rethink ForecastsPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink of ChaosAMC Shares Sur  ( 8 min )
    CME Group to lay off 3% of its workforce, reallocate positions
    "The company plans to reallocate the majority of those positions to new, cloud-focused technology roles," the spokesperson said in an emailed statement, adding that the overall headcount will remain the same. The spokesperson declined to comment on how many people would be reallocated or whether CME will hire additional people to maintain headcount.  ( 6 min )
    Why America’s Largest Tool Company Couldn’t Make a Wrench in America
    A highly automated Texas factory was supposed to bring the manufacturing of Craftsman mechanics’ tools back to American shores. The $90 million project was doomed by equipment problems and slow production.  ( 21 min )
    One of Wall Street's favorite chipmakers has seen its value tumble as worker shortages and delays dent investor hype
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    Robert Shiller says decade-long rally in home prices could end when the Fed wraps its hiking cycle
    No content preview
    Oil field services giant SLB sees double-digit jump in revenue in Q2 2023
    The world's largest oil field services company saw substantial increases in revenue and net income in the second quarter, despite a downturn in North America rig counts.  ( 11 min )
    Lilly Joins Biogen as Alzheimer’s Drugs Finally Emerge
    In trials, Biogen and Eli Lilly have shown that their drugs can slow early-stage decline in the disease. It could be a bonanza for patients—and investors.  ( 26 min )
    Dow Jones Futures: Market Rally Still Healthy; Watch These 3 Stocks
    No content preview
    Darkening Gloom Plagues China Stocks as Politburo Hopes Dim
    (Bloomberg) -- Global fund managers are tamping down expectations ahead of China’s Politburo meeting, with many bracing for prolonged gloom in the stock market on bets that any policy support will lack potency.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink of ChaosAMC Shares Surge as Judge Den  ( 8 min )
  • Open

    Term of the Week: Net Interest Income
    Higher interest rates boosted big banks’ net interest income in the second quarter, which is the profit banks earn from charging higher interest rates to borrowers than they pay out to depositors and account holders.  ( 1 min )
  • Open

    Chipsector in VS bezorgd over impact van beperking van export naar China
    De Amerikaanse regering moet meer onderzoek doen naar de gevolgen van de beperkingen op de export naar China voor de chipindustrie.  ( 3 min )
    Amazon bouwt groot gebouw bij NASA in Florida voor eigen enorm satellietproject
    Amazon zet een groot gebouw ter waarde van zo'n 107 miljoen euro neer bij NASA's Kennedy Space Center in de Amerikaanse staat Florida. Daar staan installaties om raketten te lanceren. Het webwinkelconcern wil er satellieten gaan bouwen.  ( 3 min )
    Adverteerders en supers laten WK voetbal voor vrouwen massaal links liggen
    De Nederlandse voetbalsters spelen zondag hun eerste wedstrijd op het WK in Australië en Nieuw-Zeeland, maar commercieel is het toernooi niet aantrekkelijk. Supermarkten, winkels en adverteerders laten het massaal afweten.  ( 4 min )
    Grootste brillenconcern ter wereld aangeklaagd voor opblazen van prijzen
    Het bedrijf achter brillenmerk Ray-Ban en Oakley wordt er door Amerikaanse consumenten van beschuldigd dat het de prijzen van zijn brillen tot wel 1.000 procent heeft opgedreven.  ( 3 min )
    NU+ | Alternatieven genoeg, maar chaotisch Twitter steekt er nog altijd bovenuit
    Nu Twitter zich door chaos na chaos worstelt, schieten de alternatieven als paddenstoelen uit de grond. Maar Threads is er niet in Nederland, op Bluesky is het rustig en Mastodon lijkt te ingewikkeld. De twitteraar kan eigenlijk geen kant op.  ( 4 min )

  • Open

    IntraFi Network Deposits: What They Are and How They Work
    IntraFi Network Deposits help consumers with large deposits insure their money by spreading funds out to stay below the FDIC insurance limit of $250,000 per depositor per bank.  ( 23 min )
    Do Checking Accounts Have Beneficiaries?
    Checking accounts do not require beneficiaries, but consumers can add them upon request. Learn how payable-on-death accounts work.  ( 24 min )
    State Farm Savings Account Interest Rates: July 2023
    State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.  ( 20 min )
    Top CD Rates Today: New Rate Leader Pays 5.75%
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Amex Sales Miss Estimates as Growth Slows and It Sets Aside More Money for Defaults
    American Express posted record revenue, but it still came up short of forecasts as network volumes growth slowed after several quarters of double-digit percent growth.  ( 16 min )
    NASDAQ-100 Equal Weighted Index
    The NASDAQ-100 Equal Weighted Index is an equal-weighted version of the NASDAQ-100, a group of the largest and most frequently traded stocks on the NASDAQ.  ( 21 min )
    S&P 500 Gains and Losses Today: Index Little Changed on Mixed Earnings Reports
    The S&P 500 was little changed on Friday, July 21, 2023, but posted gains for the week on strong corporate earnings reports.  ( 16 min )
    Investors Breathe Sigh of Relief as Deposits Stabilize at Regional Banks
    Despite mixed second-quarter results, shares of regional lenders surged this week as their deposits stabilized after high-profile bank failures earlier this year.  ( 19 min )
    Interpublic Group Cuts Growth Outlook as Tech Business Stumbles
    Interpublic Group shares tumbled on Friday after slashing its 2023 organic revenue growth forecast in half, citing falling business from tech firms.  ( 16 min )
    The Volatility Surface Explained
    The volatility surface is a three-dimensional plot of stock option implied volatility seen to exist due to discrepancies in the stock market.  ( 22 min )
    KKR Expands Its Chemicals Portfolio by Buying Chase Corp for $1.3 Billion
    Private equity firm KKR agreed to buy Chase Corp for $1.3 billion in a move that expands its holdings in the specialty chemicals space.  ( 16 min )
    Wealthsimple vs Betterment: Which Is Best for You?
    Both Wealthsimple and Betterment have features that appeal to less experienced investors, with plenty of planning tools and zero opening balances.  ( 23 min )
    Betterment vs. Charles Schwab Intelligent Portfolios: Which Should You Choose?
    Both of these firms have created solid offerings, but Charles Schwab Intelligent Portfolios has lower fees  ( 25 min )
    What to Expect in the Markets Next Week
    Coming up: big tech earnings, the Fed's July policy meeting, and the central bank's preferred gauge of inflation.  ( 20 min )
    Who Is Angela Merkel?
    Angela Merkel (born Angela Dorothea Kasner on July 17, 1954) was chancellor of Germany from 2005 until 2021. She was the second-longest-serving chancellor in German history, and was the first woman to hold the office.  ( 23 min )
    Betterment vs. Fidelity Go: Which Is Right for You?
    On the surface, Betterment and Fidelity Go share many similarities. However, there are some key differences between Betterment and Fidelity Go that will help you choose the best fit for your money.  ( 26 min )
    Betterment vs. Vanguard Personal Advisor Services: Which Is Best for You?
    Two solid options. The right one for you will depend on your digital-versus-human preference, the amount you have to invest, and your desire to fine-tune your portfolio.  ( 27 min )
    Ellevest vs. Betterment: Which Should You Choose?
    Ellevest offers the most account options with the Executive membership flat fee, but Betterment caters to new investors, with live customer service and low-cost options.  ( 26 min )
    FutureAdvisor vs. Betterment: Which is Best For You?
    FutureAdvisor and Betterment are very different robo-advisories, but they share a similar approach. Both rely heavily on Modern Portfolio Theory (MPT) in managing your portfolio, although the specifics of portfolio creation and rebalancing differ.  ( 22 min )
    M1 Finance vs. Betterment: Which Should You Choose?
    M1 Finance and Betterment are two top robo-advisors offering different services. Betterment is better for setting financial goals and M1 is better for automated investing.  ( 27 min )
    Tax Rules For Renting Out Your Vacation Home
    Here's a rundown of the specific tax rules that apply to homeowners renting out a vacation property.  ( 20 min )
    Stash vs. Betterment: Which is Best For You?
    In terms of numbers, there are very few categories where Stash outperforms Betterment. This is to be expected as Betterment is one of the top robo-advisors we reviewed.  ( 27 min )
    Betterment vs. Wealthfront: Which is Best for You?
    Wealthfront and Betterment both earned spots in our Best Robo-Advisor Awards. We describe their similarities and differences to help you decide which is best for you.  ( 26 min )
    Best Robo-Advisors of 2023
    We compared portfolio management, usability, and fees from the best robo-advisors. This list will help you find the best automated portfolio builders for your needs.  ( 41 min )
    What Is a Payday Loan? How It Works, How to Get One, and Legality
    A payday loan is a type of short-term borrowing where a lender will extend high-interest credit based on your income.  ( 30 min )
    Jumbo Loan
    A jumbo loan or jumbo mortgage is a type of financing that exceeds the conforming limits set by the Federal Housing Finance Agency (FHFA).  ( 24 min )
    What Is a Trader, and What Do Traders Do?
    A trader is someone who engages in the purchase or sale of assets in any financial market, either for themself or on behalf of another party.  ( 29 min )
    A Relatively Strong Moving Average Combination for Day Trading
    For day traders seeking an edge in trading the market from both the long and short sides, 5-, 8-, and 13-period simple moving averages (SMA) offer a valuable addition to one's strategy.  ( 23 min )
    TD Bank Savings Account Interest Rates: July 2023
    You can earn a higher-than-average APY with a TD Bank savings account. But TD Bank only offers the highest interest rates on accounts with high balances.  ( 21 min )
    Markets Gain at Midday, Head for Winning Week on Earnings News
    U.S. equities were up at midday on Friday, July 21, 2023 and on track for a winning week, powered by strong earnings news.  ( 16 min )
    CSX Shares Fall After Q2 Revenue Misses Expectations as Shipping Volumes Drop
    Shares of railroad operator CSX fell after missing revenue estimates as intermodal shipping volumes dropped.  ( 16 min )
    SEC Settlement Boosts Prospects Trump's Social Media Site Could Soon Go Public
    Digital World Acquisition Corp. shares soared after an SEC settlement over charges it misled investors.  ( 16 min )
    IP Address Definition: How It Works and Examples
    An IP address is a unique identifier associated with a computer or network, which allows users to send and receive data.  ( 26 min )
    Mortgage Rates Jump Higher
    Mortgage rates jumped higher Thursday, with increases across every loan type. The 10-year and 15-year averages especially surged, each adding more than a quarter point.  ( 20 min )
    MACD Indicator Explained, with Formula, Examples, and Limitations
    Moving average convergence/divergence (MACD) is a momentum indicator that shows the relationship between two moving averages of a security’s price.  ( 29 min )
    Capital One Savings Account Interest Rates: July 2023
    Capital One savings account interest rates are higher than average, and the bank doesn’t charge monthly maintenance fees or have a minimum deposit requirement.  ( 21 min )
    Are Personal Loans Considered Income?
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    17 Mistakes First-Time Homebuyers Should Avoid
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    AI Companies Agree To White House Security, Transparency Measures
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  • Open

    Chip CEOs Urge US to Study Impact of China Curbs and Take Pause
    (Bloomberg) -- Leaders of the largest US chipmakers told Biden officials this week that the administration should study the impact of restrictions on exports to China and pause before implementing new ones, according to people familiar with their discussions.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosPutin Warns Poland Over ‘Aggression’ Against Ally BelarusAMC Shares Surge as Judge Denies APE Deal in Surprise R  ( 9 min )
    Apple’s Next Big Opportunity? Think India.
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    US court sets Oct. 23 start for Citgo share auction process
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    Ron DeSantis Takes Aim at Bud Light’s Maker. What Florida’s Pension Holds in BUD Stock.
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    The Fed Could End the Market’s Party, but Probably Won’t Just Yet
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    Florida’s Insurance Market is a Hot Mess. Homeowners Are Paying the Price.
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    AMC Stock Surges 67%. It Has Nothing to Do With Barbie and Oppenheimer.
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    AMC Entertainment Shares Soar After Judge Blocks Equity Transactions
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    Top CD Rates Today: New Rate Leader Pays 5.75%
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    Amex Sales Miss Estimates as Growth Slows and It Sets Aside More Money for Defaults
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    JNJ Has a Deal for Stockholders. Investors Will Need to Make a Call.
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    Retail Leaderboard: Individual Investors Load Up On QQQ Ahead of Nasdaq-100 Rebalance
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    The Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It Began
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    Nasdaq slips, Dow ekes out 10th day of gains: Stock market news today
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    US appeals court to reconsider decision on Elon Musk tweet about unions
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    America has avoided a recession. But don’t thank the Fed—thank the corporate sector, says top strategist
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    Oil Rises for Fourth Week in a Row
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    Keep on Buying Microsoft Stock, the ‘AI All-Star,’ Says Analyst
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    Amazon Will Make Some Employees Relocate for Return to Office
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    Bed Bath & Beyond Shareholders to Recover Nothing Under Proposed Reorganization Plan
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    Stability AI cofounder sold stake now worth over $500 million for $100—after being deceived, says lawsuit
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    Sirius XM shares pull back after 'wild' gains with short squeeze in focus
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    Warren Buffett's Apple bet is worth nearly $180 billion - and it's made Berkshire Hathaway stock a bargain, analyst says
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    EV Tax Credits: All The 2023, 2024 Cars And Trucks That Get $7,500
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    Goldman Sachs Is a Mess. Why It’s Time to Buy the Stock.
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    Dow Jones Fades; Trump-Backed DWAC Surges As Cathie Wood Swoops In On Battered Chip Leader
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    Chip Glut, Growth Woes Weigh On Intel, Coca-Cola: US Earnings Week Ahead
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    PayPal Partner And SQ Stock Peer Looks To Cash In With Breakout
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    Bill Gross Says Bond Bull Market Isn’t ‘In the Cards’ as Yields Peak
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    How Much Cash Will A $50,000 Annuity Score Me Every Month?
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    Abbot upgraded, Carvana downgraded: Wall Street's top analyst calls
    Abbot upgraded, Carvana downgraded: Wall Street's top analyst calls  ( 9 min )
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    Every investor seeks to reap the rewards of their stocks; otherwise, they wouldn’t be involved in the markets. However, discovering the ideal investment, one that will yield profits, can prove to be a challenge, particularly in today’s market environment. To ensure solid returns, investors can follow two straightforward strategies. The first is to buy low and sell high. That is, find a cheap stock with sound fundamentals and good prospects for growth – and buy in to take advantage of the growth  ( 10 min )
    Caroline Ellison paid herself $22.5 million bonus around the time she estimated a more than $10 billion cash shortfall at FTX, lawsuit alleges
    She allegedly used some of that 'bonus' to invest in an unnamed A.I. safety and research firm.  ( 8 min )
    Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor
    Why hire a financial advisor who will take around 1% percent of your assets per year when you can get a certificate of deposit (CD) at over 5% with no fee? That alone amounts to a 6% return on your … Continue reading → The post Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor appeared first on SmartAsset Blog.  ( 9 min )
    Flirting With 50? You Should Have This Much in Your 401(k)
    Most Americans have less in their retirement accounts than they'd like, and much less than the rules say they should have. So, obviously, if that describes you then you're not alone. Now, most financial advisors recommend that you have between five … Continue reading → The post How Much Should I Have in My 401(k) at 50? appeared first on SmartAsset Blog.  ( 10 min )
    What to Know About Monday’s Nasdaq-100 Rebalance
    The Nasdaq-100 is getting rebalanced after its biggest tech companies got too big. The move was triggered earlier this month when the companies in the index with weightings exceeding 4.5% saw their combined weighting surpass 48%, according to Cameron Lilja, global head of index product and operatio  ( 22 min )
    GE Stock In Buy Range After Huge Rally, With Earnings On Deck
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    Vietnam calls for domestic food security after India's rice export ban
    Vietnam on Friday called on the country's food association to ensure sufficient domestic rice supplies and food security after India's move to curb its exports. India, which accounts for 40% of world rice exports, on Thursday ordered a halt to its largest rice export category to reduce domestic prices. "India's move to curb its rice exports will affect the global rice market," Vietnam's Ministry of Industry and Trade said in a document sent to the Vietnam Food Association and reviewed by Reuters.  ( 6 min )
    Super Micro Computer Shares Have Been Heavily Accumulated All Year
    Super Micro Computer, Inc. (SMCI) shares are up a monster 269% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 7 min )
    Trump-linked SPAC surges as fraud settlement lifts hopes for deal completion
    The special purpose acquisition company (SPAC), which in October 2021 agreed to take Truth Social-parent Trump Media & Technology Group (TMTG) public, agreed to pay $18 million in fine to settle charges that it had made "material misrepresentations" to investors if it closes the merger. "It was weighing on shares and this gives investors hope that a deal could be completed," said Dennis Dick, a trader and equity market structure analyst at Triple D Trading. If the deal consummates, TMTG will have more than $1 billion of cash in its reach from the SPAC's institutional investors.  ( 7 min )
    Investors Make A Bundle On 10 Stocks Others Panic Sold (Like Tesla)
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    American Express profit rises, but it sets aside more money for possible defaults
    American Express saw its profit and revenue climb in the second quarter and credit card use is climbing, but the company's stock slipped before the market open as it set aside more money for possible defaults on payments. American Express earned $2.17 billion, or $2.89 per share, topping Wall Street expectations for $2.80, according to analysts surveyed by Zacks Investment Research.  ( 7 min )
    SLB Stock Drops After Second-Quarter Revenue Miss
    SLB reports better-than-expected adjusted earnings in the second quarter but revenue of $8.1 billion misses analysts' expectations.  ( 26 min )
    Daily – Vickers Top Insider Picks for 07/21/2023
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    Daily – Vickers Top Buyers & Sellers for 07/21/2023
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    Analyst Report: International Business Machine
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    American Express Posts Record Revenue, Earnings. It’s Still Bracing for Defaults.
    Amex beat on earnings and missed on revenue. Consolidated provisions for credit losses rose to $1.2 billion, up from $1.1 billion in the prior quarter.  ( 29 min )
    Stock futures signal a recovery in techs, another Dow win: Stock market news today
    Stock futures nudged higher on Friday, putting the Dow on track for a 10th day of gains and for tech stocks to recover from their stumble, as investors assessed the latest batch of corporate earnings.  ( 7 min )
    Daily Spotlight: Dollar Drops from Highs
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    Market Digest: FITB, IBM, LVS, NOK
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    Analysis-Tesla taps Biden tax credits to offset EV price cuts
    Tesla CEO Elon Musk is ready to cut electric car prices again to drive sales if the economy swoons, and part of the reason is a bonanza from Biden administration tax credits. "It does make sense to sacrifice margins in favor of making more vehicles," Musk said on Wednesday, noting that Tesla was facing "turbulent times." Tesla shares fell nearly 10% on Thursday as investors worried that the automaker's margins, which have been in steady retreat for the past year, face further headwinds.  ( 8 min )
    Russian central bank surprises with sharper-than-expected rate hike to 8.5%
    Russia's central bank raised its key interest rate by a greater-than-expected 100 basis points to 8.5% on Friday, raising the cost of borrowing as the weak rouble added to inflation pressure from a tight labour market and strong consumer demand. It was the first time the bank had lifted rates in more than a year, having gradually reversed an emergency hike to 20% made in February last year after Russia sent its armed forces into Ukraine, which prompted the West to impose sanctions on Moscow.  ( 6 min )
    Meta CEO Mark Zuckerberg has led the 'comeback story of the year': Morning Brief
    Meta has had a big, important year. Can its newly reenergized CEO keep it up?  ( 9 min )
    Mark Zuckerberg has led the 'comeback story of the year': Morning Brief
    Meta has had a big, important year. Can its newly reenergized CEO keep it up?  ( 9 min )
    Blow for Biden as giant microchip factory delayed by lack of skilled workers
    Joe Biden’s plans to boost the US microchip industry have been dealt a setback after the opening of a key factory in Arizona was delayed until at least 2025.  ( 8 min )
    TSMC complains it can’t find enough skilled workers to get its Arizona chip plants ready in time, delaying mass production to 2025
    TSMC may have to fly in engineeers from Taiwan to help build its Arizona plant, TSMC chairman Mark Liu complained on Thursday.  ( 9 min )
    America’s Rise as an Energy Export Powerhouse Hinges on One Town
    Pipelines to Corpus Christi, Texas, are near capacity as U.S. oil production approaches records  ( 22 min )
    Big Regional Banks Reported Stable Deposits. For Investors, That Counts as Great News.
    Shares of Citizens Financial, U.S. Bancorp and KeyCorp are up this week.  ( 32 min )
    These Stocks Are Moving the Most Today: Tesla, Intuitive Surgical, CSX, American Express, and More
    Tesla stock rises after a sharp slump following the electric-vehicle maker's second-quarter earnings, Intuitive Surgical's adjusted profit missed estimates, and revenue falls at CSX on lower fuel and coal prices.  ( 26 min )
    FTX Leadership Seeks Return of Over $1B in Cash, Stocks From Former Executives
    The lawsuit alleges that fraudulent transfers of cash and shares were used to finance political donations, real estate buys, Sam Bankman-Fried’s criminal defense, and even potentially an island.  ( 6 min )
    Chinese property giant Country Garden sinks in renewed storm
    SINGAPORE/HONG KONG/LONDON (Reuters) -China's property sector crisis escalated again on Friday as a sharp fall in the shares and bonds of one of the country's biggest developers, Country Garden, capped a turbulent week for the long-troubled sector. News that the firm, which has thousands of projects in nearly 300 Chinese cities, had moved to refinance part of a 2019 loan facility sent its Hong Kong-listed shares down more than 5% and left its bonds close to record lows hit late last year. "That doesn't get them completely out of the woods," said one Country Garden bondholder, who declined to be identified, adding that the developer was facing a further batch of bonds payments in coming months.  ( 8 min )
    SBF Accused of Leaking Caroline Ellison's Private Diary by U.S. DOJ
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    4 big analyst cuts: Carvana downgraded again despite impressive Q2 results
    Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Carvana, Sirius XM, Estee Lauder, and XPeng. Today, Piper Sandler downgraded Carvana (NYSE:CVNA) to Neutral from Overweight with a price target of $48.00 (previously $29.00). The rating changes came after the company posted impressive Q2 results and announced a debt restructuring agreement, causing the stock to surge over 40% on Wednesday.  ( 8 min )
    Intuitive Surgical drops on weaker demand for bariatric surgeries; 'buy the dip' says Truist
    Investing.com -- Intuitive Surgical (NASDAQ:ISRG) reported second quarter results that beat analyst expectations, driven by a rebound in elective surgeries following the lull during the pandemic when non-COVID-related procedures were held back.  ( 7 min )
    David Rubenstein says there's only one solution to US debt: inflation
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    Oil edges higher, buoyed by tighter supplies, China stimulus
    China's weak economic figures had kept a lid on prices through the week. However, sentiment across commodity markets has picked up on hopes the central government would roll out more stimulus measures to support the economy. Higher crude prices have come "on positive commentary on China stimulus and looked through impacts from the stronger U.S. dollar index," National Australia Bank analysts said in a note.  ( 6 min )
    Dow Jones Futures: Tesla Tumbles In Divided Market, But This Was The Key Loser
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    CSX’s Q2 profit slips 15% on lower revenues
    Volume and pricing gains for CSX’s merchandise segment weren’t enough to offset a decline in intermodal volumes and falling export coal benchmark prices, CSX said. The post CSX’s Q2 profit slips 15% on lower revenues appeared first on FreightWaves.  ( 7 min )
    Analysts Say These 3 Stocks Are Their Top Picks for the Rest of 2023
    With the second half of 2023 well underway, it is a good time to assess the current state of the stock market and examine which equities analysts are selecting as their ‘Top Picks’ for the remainder of the year. The analysts have analyzed each stock, taking into account its past and current performance, trends across various time frames, as well as management’s plans. They consider every aspect before making their recommendations, which offer valuable guidance for constructing a resilient portfo  ( 12 min )
  • Open

    Interpublic Group Cuts Growth Outlook as Tech Business Stumbles
    Interpublic Group shares tumbled on Friday after slashing its 2023 organic revenue growth forecast in half, citing falling business from tech firms.  ( 1 min )
    Shares of regional lenders surge as deposits stabilize
    Despite mixed second-quarter results, shares of regional lenders surged this week as their deposits stabilized after high-profile bank failures earlier this year.  ( 1 min )
    S&P 500 Gains and Losses Today: Index Little Changed on Mixed Earnings Reports
    The S&P 500 was little changed on Friday, July 21, 2023, but posted gains for the week on strong corporate earnings reports.  ( 1 min )
    Markets Gain at Midday, Head for Winning Week on Earnings News
    U.S. equities were up at midday on Friday, July 21, 2023 and on track for a winning week, powered by strong earnings news.  ( 1 min )
    SEC Settlement Boosts Prospects Trump's Social Media Site Could Soon Go Public
    Digital World Acquisition Corp. shares soared after an SEC settlement over charges it misled investors.  ( 1 min )
    CSX Shares Fall After Q2 Revenue Misses Expectations as Shipping Volumes Drop
    Shares of railroad operator CSX fell after missing revenue estimates as intermodal shipping volumes dropped.  ( 1 min )
    Investors More Bullish, Optimistic About a Soft Landing as Inflation Cools
    Investors are growing more bullish and optimistic about a soft landing as inflation cools, according to a Morgan Stanley Wealth Management Pulse Survey.  ( 1 min )
    5 Things to Know Before Markets Open
    Big Tech firms including Amazon, Alphabet, Meta, and Microsoft agreed to AI safeguards brokered by the White House and shares of railroad operator CSX fell after it missed on revenue projections. Here’s what investors need to know today.  ( 1 min )
  • Open

    KKR Expands Its Chemicals Portfolio by Buying Chase Corp for $1.3 Billion
    Private equity firm KKR agreed to buy Chase Corp for $1.3 billion in a move that expands its holdings in the specialty chemicals space.  ( 1 min )
  • Open

    ING en Rabobank verhogen spaarrente in augustus opnieuw
    De laatste tijd verhogen banken bijna maandelijks hun rente voor spaarders. Bij Rabobank gaat op 15 augustus de rente voor vrij opneembaar spaargeld omhoog van 1,25 naar 1,5 procent. ING-klanten met een spaarsaldo tot en met 10.000 euro ontvangen vanaf dat moment 1,25 procent.  ( 3 min )
    Waterschapsbelasting gaat volgend jaar flink omhoog
    Waterschappen verhogen hun belastingen volgend jaar waarschijnlijk fors. In een aantal gevallen gaat het zelfs om meer dan 10 procent, met een uitschieter naar ruim 30 procent. Dat komt neer op een verhoging van wel 100 euro per jaar.  ( 4 min )
    Amsterdam wil cruiseschepen weren uit centrum in strijd tegen massatoerisme
    Als het aan het stadsbestuur in Amsterdam ligt, komen er geen cruiseschepen meer in de buurt van de binnenstad. Ook moet de cruiseterminal die nu nog vlak bij het centraal station ligt, naar een plek buiten het centrum verhuizen.  ( 3 min )
    Cryptobedrijf FTX wil na dramatische ondergang 1 miljard dollar van ex-topman
    Het vorig jaar omgevallen cryptofplatform FTX eist 1 miljard dollar (900 miljoen euro) terug van enkele oud-bestuurders. Onder hen is voormalig topman Sam Bankman-Fried. Volgens de aanklacht zou hij samen met drie anderen geld van FTX achterover hebben gedrukt.  ( 3 min )
    Europese begrotingstekorten weer vaker binnen de lijntjes
    EU-lidstaten hebben hun financiële huishouding weer beter op orde, blijkt uit nieuwe cijfers. Na de coronasteun en ingrepen tijdens de energiecrisis zorgen landen er weer voor dat hun begrotingstekort en staatsschuld niet te hard oplopen.  ( 4 min )
    Eerbeekse papierfabriek uit 1657 moet sluiten door Finse bezuinigingen
    Papierfabriek De Hoop in het Gelderse Eerbeek gaat eind dit jaar echt de deuren sluiten. Het Finse moederbedrijf Stora Enso besluit hiertoe omdat de productie van papier en karton duurder is geworden sinds de oorlog in Oekraïne.  ( 4 min )
    Rabobank gooit rente weer omhoog, spaarders krijgen 1,5 procent
    Bijna maandelijks verhogen banken dit jaar de spaarrente. Nu komt Rabobank voor de vijfde keer dit jaar met een renteverhoging. De rente voor vrij opneembaar spaargeld. gaat op 15 augustus omhoog van 1,25 procent naar 1,5 procent.  ( 3 min )
    Rijstprijzen zullen wereldwijd stijgen door ban op export uit India
    De prijzen van rijst zullen wereldwijd oplopen doordat India, een van de grootste rijstexporteurs ter wereld, de export ervan aan banden legt.  ( 4 min )
    Klanten klagen steeds minder over gedrag van bankmedewerkers
    Consumenten dienen veel minder klachten in over bankiers, blijkt uit cijfers van Tuchtrecht Banken over 2022. De meeste binnengekomen meldingen over het gedrag van bankmedewerkers kwamen van de banken zelf. Al levert niet elke bank netjes iets in over wangedrag.  ( 4 min )
    Klanten klagen steeds minder over bankiers
    Consumenten dienen veel minder klachten in over bankiers, blijkt uit cijfers van Tuchtrecht Banken over 2022. De meeste binnengekomen meldingen over het gedrag van bankmedewerkers kwamen van de banken zelf. Al levert niet elke bank netjes iets in over wangedrag.  ( 4 min )
    Krapte op arbeidsmarkt leidt tot meer conflicten op werkvloer
    De krapte op de arbeidsmarkt leidt tot steeds meer problemen op de werkvloer, blijkt uit een rondgang van NU.nl. Zo zijn er onder meer conflicten over het concurrentiebeding, dat moet voorkomen dat werknemers soortgelijk werk uitvoeren bij een ander bedrijf.  ( 4 min )

  • Open

    1973 Energy Crisis: Causes and Effects
    The energy crisis in 1973 was one of two oil price shocks during the 1970s. The other occurred in 1979.  ( 25 min )
    What Is Patent Share?
    Patent share is the percentage share of a universe of patents owned or created by one subset group.  ( 20 min )
    Will Savings Account Rates Climb Higher in July? Actually, They Just Did.
    Already at a 15-year high, the top savings account rate in the country is now 5.20% APY. Or you can choose from more than a dozen other options that pay 5.00% or more.  ( 19 min )
    3 Big Risks Faced by International Investors
    Investing internationally is a great way to diversify a portfolio, but as an investor you need to know the risks and barriers in the global markets.  ( 19 min )
    What Is the Metals and Mining Sector? What's Included
    The metals and mining sector is the industry dedicated to the location and extraction of metal and mineral reserves around the world.  ( 19 min )
    Why Google Glass Failed
    Google Glass, wearable "smart glasses," is a Google "moonshot" technology launched to consumers in 2014.  ( 20 min )
    Top CD Rates Today: New Rate Improvements
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    Home Sales in June Drop to Slowest Pace in 14 Years Amid Lack of Inventory
    Sales for existing single-family homes dropped to the slowest pace in 14 years and were down 18.8% from the previous year.  ( 18 min )
    How Are Bond Yields Affected by Monetary Policy?
    Learn about how bond yields are affected by monetary policy. Find out how this determines the risk-free rate of return and its large role in bond pricing.  ( 20 min )
    CD Rates Keep Rising. How Long Can the Good Times Last?
    CD rates are still climbing and setting records in almost every term, according to July's new national rate averages from the FDIC. But how long can the good times last?  ( 18 min )
    American Airlines Improved Revenue, But Shares Fell. Here's Why
    American Airlines improved its operating revenue by 17%, but shares fell after its forward guidance underwhelmed compared to other airlines' outlooks.  ( 17 min )
    S&P 500 Gains and Losses Today: Stocks Mixed After Latest Earnings Reports
    The Dow rose, but the S&P 500 slipped 0.7% on Thursday, July 20, 2023, while the Nasdaq tumbled almost 2% after the latest round of corporate earnings reports.  ( 17 min )
    Find the Right Bond at the Right Time
    Learn about the types of bonds you should consider investing in, when you should be buying them and how to compare yields against their time to maturity.  ( 23 min )
    Shares of Conservative Shopping Site PublicSq Skyrocket on 1st Trading Day
    Shares of conservative shopping site PublicSq soared on their first day of trading on the New York Stock Exchange.  ( 16 min )
    Equifax Cuts Its Guidance Because of Soft Mortgage Market, and Shares Sink
    Shares of Equifax plunged as the credit rating service slashed its full-year sales and profit outlook, blaming a weak mortgage market.  ( 16 min )
    Stretch Loan Definition
    A stretch loan is a form of financing for an individual or a business that's intended to cover a short-term gap in the borrower's income. It can be convenient but also costly.  ( 21 min )
    What You Should Know Before Taking Out a Personal Loan
    Economics professor Linda M. Hooks shares critical advice for would-be borrowers contemplating taking out a personal loan.  ( 23 min )
    Blackstone Reaches Asset Milestone, But Earnings Slide
    Blackstone reaches $1 trillion asset milestone, but weak real estate, credit, dealmaking markets push profit distributions down 40%  ( 17 min )
    Countries Offering Digital Nomad Visas
    Remote work opportunities have expanded significantly since the COVID-19 pandemic. Here are just 24 of the regions offering programs for aspiring digital nomads.  ( 34 min )
    When Are Personal Loans a Good Idea?
    Personal loans may be used for almost any purpose and are sometimes a good option, but they can be expensive, and there are often better alternatives.  ( 22 min )
    Depreciation Recapture: Definition, Calculation, and Examples
    Depreciation recapture is the gain realized by the sale of depreciable capital property that must be reported as ordinary income for tax purposes.  ( 23 min )
    Scan Your Palm Instead Of Swiping A Card To Pay At Whole Foods Checkout
    There is no need for a wallet or phone and Prime members can link their Amazon One profile to their account to receive savings and rewards at more than 500 Whole Foods stores.  ( 17 min )
    Paycheck Protection Program (PPP) Loan Forgiveness
    The Paycheck Protection Program (PPP) was a federal program that paid out $790.9 billion in small-business loans during the COVID-19 pandemic.  ( 21 min )
    How Do I Calculate the Yield of an Inflation Adjusted Bond?
    Learn how to calculate the real yield of an inflation-adjusted bond, such as U.S. Treasury inflation-protected securities (TIPS).  ( 21 min )
    How to Write a Business Plan for a Loan
    A business plan is a document that explains what a company’s objectives are, and how it will achieve them. It can address marketing, financial and operational objectives.  ( 22 min )
    How to Tell If a Company Has a High ESG Score
    How to read and interpret a company's environmental, social, governance (ESG) scores and where to find them.  ( 28 min )
    Swingline Loan: Definition, Use in Business, and Example
    A swingline loan is a type of loan that gives borrowers access to a large amount of cash for a short period of time. It can also be used as a line of revolving credit to draw on as needed.  ( 20 min )
    Which Major Expenses Affect Airline Companies?
    Discover the major expenses that airlines must pay. The two largest are labor costs and fuel costs, with fuel costs being the largest short-term factor for airlines.  ( 19 min )
    Next Fed Meeting: When It Is in July & What To Expect
    The Fed held interest rates steady at 5.00%-5.25% at its June meeting, pausing after 10 consecutive rate hikes. Experts expect two more small increases before the year is out, including a possible one at the Fed's July 25-26 meeting.  ( 24 min )
    How to Build an Investment Portfolio for Retirement
    An investment portfolio is a term that refers to all of your investments. Here's what to focus on if you're building a portfolio specifically for retirement.  ( 26 min )
    Personal Loan Interest Rates: How a Personal Loan Is Calculated
    Learn how personal loan interest rates work, how rate types differ, and what the average interest rate is on a typical personal loan.  ( 26 min )
    YouTube Premium Just Got More Expensive
    YouTube Premium, the site’s ad-free platform offering access to original YouTube production content, just got $2 more expensive.  ( 17 min )
    Banks Offer Nearly Instant Payments With New Fed-Built Payment Service
    Customers at early adopting institutions will be able to send payments almost instantly with the new service.  ( 17 min )
    Money Market vs. Short-Term Bonds: What's the Difference?
    Short-term bonds typically yield higher interest rates than money market funds, so the potential to earn more income over time is greater.  ( 21 min )
    Regional Check Processing Center (RCPC) Definition
    A Regional Check Processing Center (RCPC) is a local Federal Reserve facility where checks that are drawn on depository institutions are processed overnight.  ( 21 min )
    What Is the Dow Jones Industrial Average (DJIA) All-Time High?
    The Dow Jones Industrial Average (DJIA) reached its all-time high on Jan. 5, 2022, when it hit 36,952.65 points.  ( 24 min )
    The Top 4 Yelp Shareholders (YELP)
    The top institutional Yelp shareholders are BlackRock, Vanguard, State Street, and Dimensional Fund Advisors LP. All offer investment management solutions for investors.  ( 21 min )
    Markets Mixed at Midday on Weaker Earnings Reports
    U.S. equites were mixed at midday on July 20, 2023 as weak earnings news, especially in the tech sector, held back gains.  ( 16 min )
    IBM Shares Climb on Gross Margin Beat, Rising Demand for AI Products
    IBM shares gained after the technology giant beat earnings estimates as productivity rose following layoffs and emphasized client demand for its AI products.  ( 16 min )
    J&J Beats Estimates and Boosts Outlook as Medtech Product Demand Grows
    Shares of Johnson & Johnson advanced as the pharmaceutical and medical products firm posted better-than-expected results and raised its guidance on higher demand for its medtech products.  ( 16 min )
    Discover Shares Tumble As It Suspends Buybacks on Regulatory Issues
    Discover Financial Services (DFS) stock fell as much 15% in trading on Thursday after it disclosed regulatory issues involving the misclassification of its credit cards in its second quarter earnings report.  ( 17 min )
    American Customer Satisfaction Index (ACSI): Overview
    The American Customer Satisfaction Index (ACSI) is an economic indicator based on a survey of U.S. consumers about products and services they use.  ( 22 min )
    Mortgage Rates Edge Higher Again
    Mortgage rates are back on the rise, with averages up for most loan types. Rates on 30-year mortgages have been yo-yoing since hitting a 20-year high almost two weeks ago.  ( 20 min )
    TSMC's Profit Drops for the First Time in 4 Years Amid Electronics Demand Decline
    TSMC shares slid after reporting a drop in profit for the first time in four years, amid a decline in demand for electronics.  ( 18 min )
    Should You Make a Personal Loan to Family?
    Find out how lending cash to family or friends can put a strain on your relationship and your bank account. Learn how to make family loans safely.  ( 22 min )
    Equity REIT vs. Mortgage REIT
    Real estate investment trusts (REITs) own, operate, or finance income-producing properties.  ( 23 min )
    How Personal Loans Affect Your Credit Score
    Taking out a personal loan can affect your credit score in a number of ways⁠—both good and bad. Repaying it in a timely manner is key to a healthy score.  ( 23 min )
    How Do Personal Loans Work?
    The application process takes a great deal of time and effort, but for those with good credit, personal loans can be an excellent source of funding.  ( 24 min )
    What Are the Benefits of Obtaining a Personal Loan?
    Personal loans are a type of funding that usually includes a fixed interest rate, which is typically lower than what’s offered by most credit cards.  ( 24 min )
    Mega Backdoor Roth 401(k) Conversion: Overview and FAQ
    Learn about this type of Roth conversion from a 401(k) and how it is a tax-free strategy  ( 23 min )
    Netflix's Password-Sharing Crackdown and Lower-Price Plan Drive Subscription Surge
    Netflix shares fell in extended trading after reporting modest earnings and revenue growth as subscribers surged amid the company's crackdown on password sharing and the continued rollout of its new lower-priced subscription tier.  ( 18 min )
    Tesla Shares Fall As Price Cuts Hurt Profitability Despite Record Q2 Revenue
    Elon Musk remained committed to Tesla price cuts despite hurting the company's profitability, suggesting sales volumes would make up for the margin pain in the long run.  ( 17 min )
    5 Things to Know Before Markets Open
    Tesla shares fell after reporting revenue that beat expectations but lower profit margins thanks to price cuts, and Netflix shares tumbled after it missed on revenue projections despite strong subscriber growth. Here’s what investors need to know today.  ( 19 min )
    CDOs and the Mortgage Market
    CDOs are structured debt instruments and when comprised of mortgages are known as mortgage-backed securities (MBS).  ( 25 min )
    The Impact of Canceling Student Debt
    President Joe Biden suggested a plan to cancel between $10,000 and $20,000 of student debt for eligible borrowers. Here's how that could impact people in the U.S.  ( 23 min )
    What Is an SBA Microloan, and How Does It Work?
    An SBA microloan provides funding for small businesses that want to invest in their growth. Learn about an SBA microloan’s features, requirements, and how to apply.  ( 22 min )
    Winsorized Mean: Formula, Examples and Meaning
    Winsorized mean is an averaging method that involves replacing the smallest and largest values of a data set with the observations closest to them.  ( 24 min )
    Modified Endowment Contract (MEC): Definition and Tax Implication
    A modified endowment contract (MEC) describes a life insurance policy that has lost tax benefits because the cash contained exceeds federal tax-law limits.  ( 27 min )
    How Much Life Insurance Should You Have?
    Before purchasing life insurance, it's important to decide if you really need it, what type of policy is best, and how much coverage you should get.  ( 29 min )
    What Is a Lis Pendens? Definitions and Examples
    Lis pendens is an official notice to the public that a lawsuit has been filed and a property has a claim against it.  ( 21 min )
  • Open

    Trucker Yellow Is Losing Customers as Teamsters Strike Looms
    The diversions and threatened labor action add new peril to a debt-saddled company that is burning cash.  ( 26 min )
    Will Savings Account Rates Climb Higher in July? Actually, They Just Did.
    Already at a 15-year high, the top savings account rate in the country is now 5.20% APY. Or you can choose from more than a dozen other options that pay 5.00% or more.  ( 21 min )
    'Something very strange' explains why a US recession has been delayed
    No content preview
    Truist plans balance-sheet remix to focus on core businesses, clients
    Executives of the regional bank say they are zeroing in on its most profitable business lines and moving away from one-off customer relationships that don't generate as much revenue.  ( 9 min )
    SPAC that plans to merge with Trump Media settles SEC charges of fraud
    The U.S. Securities and Exchange Commission said on Thursday that Digital World Acquisition Corporation, a special purpose acquisition company that plans to merge with the parent company of Donald Trump's Truth Social platform, settled charges that it made "material misrepresentations" to investors. DWAC, which was found to have violated antifraud provisions of federal securities laws, agreed to a cease-and-desist order and to pay an $18 million penalty in the event it closes a merger transaction, the SEC said. The SEC said DWAC misled investors by failing to disclose in filings that it had formulated a plan to acquire Trump Media & Technology Group Corp and was pursuing the acquisition before DWAC's IPO.  ( 7 min )
    Initial Q2 REIT Earnings: A Mixed-Bag of Results Across Subsectors
    For months, investors have been trying to forecast the direction of real estate investment trusts (REITs), analyzing various economic forces of inflation, interest rate hikes and the looming possibility of a recession within the next year or two. This week marks the release of second-quarter 2023 earnings for several bellwether REITs spanning different real estate subsectors, and so far, it's been a mixed bag of results. Investors scrutinize year-over-year changes in earnings — or funds from ope  ( 10 min )
    Stability AI cofounder dumped his entire stake for a mere $100 just months before company hit a $1 billion valuation
    No content preview
    Top CD Rates Today: New Rate Improvements
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 20 min )
    CD Rates Keep Rising. How Long Can the Good Times Last?
    CD rates are still climbing and setting records in almost every term, according to July's new national rate averages from the FDIC. But how long can the good times last?  ( 20 min )
    American Airlines Improved Revenue, But Shares Fell. Here's Why
    American Airlines improved its operating revenue by 17%, but shares fell after its forward guidance underwhelmed compared to other airlines' outlooks.  ( 18 min )
    Truist stock drops as it wrestles with rising deposit costs
    Some regional banks attracted more deposits but paid more for them, eating into a key measure of profitability  ( 8 min )
    3 Reasons Sirius XM Stock Just Surged 42%
    Short covering, a busted pair trade, and possible index rebalancing might be behind the move.  ( 26 min )
    Nvidia In Range After More Than Tripling In 2023 — Is It A Buy?
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    Elon Musk Reportedly Used Millions of Dollars in Tesla Funds To Secretly Build Himself A Literal Glass House — After Famously Saying He 'Will Own No House'
    Tesla Inc. CEO Elon Musk appears to be involved in a secretive project constructing an all-glass home near the company's Austin-area Gigafactory, as reported by The Wall Street Journal. Dubbed Project 42 by Tesla employees, this initiative has been shrouded in mystery over the past year. The Wall Street Journal sources claim that Tesla's board launched an investigation into concerns that Musk might be using company funds to build his glass house. The project is said to involve the purchase of mi  ( 9 min )
    5 reasons why Tesla stock is worth just $26 per share, according to New Constructs’ David Trainer
    Trainer warned that Tesla would have to earn twice the annual profit of Apple by 2032 to justify its current valuation.  ( 10 min )
    Shares of Conservative Shopping Site PublicSq Skyrocket on 1st Trading Day
    Shares of conservative shopping site PublicSq soared on their first day of trading on the New York Stock Exchange.  ( 17 min )
    Tesla is the next Apple and its valuation could soar by another $190 billion, Wedbush says
    Shares in Elon Musk's EV maker could hit $350, analyst Dan Ives wrote in a new research note following its second-quarter results.  ( 7 min )
    SAP Stock Falls as Earnings Miss Wall Street Estimates
    The German software giant continues to show strong cloud growth, and sees AI doubling the size of its addressable market.  ( 26 min )
    Coinbase to Wind Down Lending Program Over Coming Months
    Coinbase Borrow, a program that allowed customers to receive fiat loans of up to $1 million against as much as 30% of their bitcoin (BTC) holdings, will be shutting down over the coming months as the company focuses its resources on products that “customers care about most,” a spokesperson said.  ( 7 min )
    Dow Jones Gains As Netflix Dives; Elon Musk Reveals This Supply Problem As Tesla Tumbles
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    Robotic Surgery Behemoth Intuitive Surgical Beats Expectations, But Crumbles
    No content preview
    Newmont Shares Drop the Most in a Year as Gold Output Disappoints
    (Bloomberg) -- Newmont Corp. posted its worst day in 12 months after the world’s biggest gold producer reported earnings that missed analyst estimates following a series of operational setbacks.Most Read from BloombergBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAISelloffs, Inequality, China Tension: Here Are the Next Big RisksNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomWhat a UPS  ( 7 min )
    Nasdaq sinks as Tesla, Netflix plunge; Dow gains for 9th day: Stock market news today
    The Nasdaq fell on Thursday after Tesla and Netflix updates took the shine off the earnings season and a fresh batch of results started to roll in.  ( 7 min )
    Tesla stock tumbles nearly 10% on margin concerns, Musk warning on Q3 production
    Tesla stock dropped Thursday after the company suggested production in the current quarter will dip, though CEO Elon Musk told investors on the earnings call this change is "minor" compared to the long-term outlook for the automaker.  ( 8 min )
    Bernanke Says Next Fed Interest Rate Hike May Be Its Last
    (Bloomberg) -- The Federal Reserve’s widely expected increase in interest rates next week may prove to be the last in its current credit-tightening campaign, former Chair Ben Bernanke said.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIWhat a UPS Strike Would Mean For Consumers, Businesses and the EconomyBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesSelloffs, Inequality, China Tension: Here Are the Next Big RisksNadella’  ( 6 min )
    Elon Musk touched on Nvidia, Cybertruck, Warren Buffett, and the dangers of debt on Tesla's latest earnings call. Here's his 12 best quotes.
    Tesla CEO Elon Musk said he loves his loyal fanbase of retail investors, and warned that American consumers are falling behind on their monthly bills.  ( 7 min )
    How to Build an Investment Portfolio for Retirement
    An investment portfolio is a term that refers to all of your investments. Here's what to focus on if you're building a portfolio specifically for retirement.  ( 26 min )
    A top economist says the stock-market mania reminds him of the dot-com and housing bubbles - and warns consumers are feeling the squeeze
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    Three plead not guilty to insider trades before Trump Media deal
    A Florida venture capitalist, his brother and an employee accused of insider trading before a blank check company's proposed merger with former U.S. President Donald Trump's social media company pleaded not guilty in a New York court on Thursday. Michael and Gerald Shvartsman, and Bruce Garelick were charged last month with trading illegally in Digital World Acquisition Corp, a special purpose acquisition company, before it announced its plan to combine with Trump Media & Technology Group in late 2021. Neither Trump nor his company, which operates the Truth Social app, was accused of wrongdoing in the case.  ( 7 min )
    Papa John's can't force driver to arbitrate, US appeals court says
    A U.S. appeals court on Thursday said Papa John's International cannot force a Louisville, Kentucky, pizza delivery driver to arbitrate a claim that he was underpaid by invoking an arbitration agreement he said he never saw. In a 3-0 decision, the 6th U.S. Circuit Court of Appeals in Cincinnati said a trial judge erred in dismissing Andrew Bazemore's claim that the pizza chain violated federal labor law by not reimbursing him enough for costs to operate his vehicle. Circuit Judge Raymond Kethledge found "no reason whatever" to prevent reasonable jurors in the proposed class action from believing Bazemore's sworn statement that he never seen any agreement to arbitrate.  ( 7 min )
    SAP Shares Fall After Quarterly Cloud Sales Miss Estimates
    (Bloomberg) -- SAP SE shares fell in New York after second-quarter sales in its cloud unit missed analyst estimates. Most Read from BloombergBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAISelloffs, Inequality, China Tension: Here Are the Next Big RisksNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomWhat a UPS Strike Would Mean for Consumers, Businesses and the EconomySales in constant  ( 7 min )
    Tesla CEO Elon Musk: ‘We're using a lot of Nvidia hardware’
    Tesla CEO Elon Musk says the company is using a large amount of Nvidia hardware to power its AI tools.  ( 8 min )
    Nasdaq falls as Tesla, Netflix sink; Dow eyes 9th day of gains: Stock market news today
    The Nasdaq fell on Thursday after Tesla and Netflix updates took the shine off the earnings season and a fresh batch of results started to roll in.  ( 7 min )
    House prices predicted to fall 12pc with 'little prospect' of bounceback
    House prices will not rebound after the slump because interest rates will still be higher than they have been for the last decade, economists have warned.  ( 20 min )
    Microsoft’s stock has risen almost 1,000% since Satya Nadella became CEO in 2014, netting him a reported $1 billion in compensation
    Microsoft’s stock surged to an all-time high Tuesday after the company announced it would offer a $30-per-month subscription for a suite of A.I.-powered Office products.  ( 8 min )
    Is IBM the Next Hot AI Stock? This Analyst Says Watson X Software Is the Company’s Most Promising New Product In Years.
    On its earnings call Wednesday, the company highlighted the opportunity for Watson X, its new platform for enterprise AI applications.  ( 26 min )
    Microsoft Earnings Are Next Week, and Wall Street Says More Stock Gains Are Coming
    Two analysts raised their price targets on the stock, seeing improving performance for the Azure cloud business and big promise in AI.  ( 26 min )
    Johnson & Johnson Rips Off the Kenvue Band-Aid
    A surprisingly early distribution and a stretched valuation hit J&J’s consumer health arm hard.  ( 25 min )
    Tesla’s Musk Needs Nvidia. He Wants Those AI Chips.
    Nvidia and its CEO, Jensen Huang, came up on Tesla's earnings conference call.  ( 26 min )
    Tylenol Maker Kenvue Sinks on Looming J&J Exchange Offer
    (Bloomberg) -- Kenvue Inc., the consumer-focused spinoff of Johnson & Johnson that owns brands such as Band-Aid and Tylenol, fell on Thursday after J&J said it’s preparing to launch an exchange offer for its majority stake. Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomTesla Sinks as Musk Warns of More Blows to ProfitabilityMu  ( 8 min )
    Nvidia and Intel Drop After Taiwan Semi’s Earnings. Why AI Isn’t Helping All Chip Stocks.
    The world's largest contract chip maker reported a 23% fall in second-quarter profit as it grapples with a slump in demand for electronic devices.  ( 26 min )
    Florida’s CFO blames wokeness for insurers leaving the state: ‘I do call them the Bud Light of the insurance industry’
    Four insurers have reduced their exposure in the state following series of disasters.  ( 6 min )
    American Airlines Stock Falls After Earnings. Here’s Why.
    The carrier's earnings are good, but not quite good enough after the high bar set by rivals Delta and United.  ( 26 min )
    Stock Market Soft After Netflix, Tesla, Other Big Earnings; Discover Gives Awful News
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    Two Of Abbott's Biggest Businesses Are In Recovery — Here's What You Need To Know
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    Why Chip Stocks Are Dipping This Morning
    It turns out there’s more to chip stocks than just AI. The world’s biggest contract chip maker had a disappointing update for investors, and semiconductor stocks are selling off. Taiwan Semicond  ( 22 min )
    Billionaire Seth Klarman Says the ‘Everything Bubble’ Might Pop Soon, but Stays Heavily Invested in These 2 Stocks
    Unprecedented temperatures are a common theme this summer, making it very possible this year will be the hottest year ever recorded on Earth. Meanwhile, as the scorching heat bears down on many corners of the globe, investors are enjoying an extended moment in the sun. The markets have been on a consistent upward trend, evoking memories of the euphoric days during the pandemic when gains seemed to come free and easy. In fact, billionaire Seth Klarman suggests that the so-called pandemic bubble m  ( 10 min )
    Fed launches new payments system that lets you send money in seconds
    FedNow lets consumers and businesses pay for everything from groceries to suppliers instantly.  ( 8 min )
    Bank Stocks: Regional Banks Mixed As Reports Roll In; Truist Delivers Rare Sector Miss
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    PublicSq. Now Public – See Fireside Highlights with CEO
    IPO Edge and the Palm Beach Hedge Fund Association hosted a fireside chat with PublicSq. to discuss the company’s merger with Colombier Acquisition Corp. (NYSE: CLBR), its growth story and business model along […]  ( 8 min )
    Day 3 of Regional Bank Earnings: Fifth Third, KeyCorp, Truist Report
    Another round of regional banks are out with second-quarter earnings results. Fifth Third (FITB) said deposits rose around 1% from the previous quarter and 2% from a year earlier. KeyCorp [(KEY)](http  ( 22 min )
    Tesla stock drops on margin concerns, Musk warning on Q3 production
    Tesla stock (TSLA) dropped 4% Thursday morning after the electric vehicle maker reported a revenue and earnings beat, but margins that came in below expectations.  ( 8 min )
    Nasdaq falls as Tesla, Netflix cast a pall: Stock market news today
    The Nasdaq fell on Thursday after Tesla and Netflix updates took the shine off the earnings season, as a fresh batch of results started to roll in.  ( 7 min )
    J&J Overcomes Litigation Woes With A 'Solid' Quarterly Beat And Raise
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    This Is What Your Lifestyle Could Look Like if You Retire at 55 With $2.5 Million Bucks
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    84% of Retirees Are Making This RMD Mistake. Are You One of Them?
    Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.  ( 9 min )
    How Much Retirement Will $800,000 Bucks Buy Me?
    Saving for retirement is one of the most important parts of securing your financial future. While programs like Social Security can help, they often aren't enough on their own. This is why it is crucial to have retirement savings of … Continue reading → The post How Long Will $800,000 Last in Retirement? appeared first on SmartAsset Blog.  ( 8 min )
    Can You Guess How Many Americans Actually Retire With a Million Bucks?
    Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.  ( 10 min )
    Dow Jones Futures Rise, Nasdaq Slides In Earnings Rush; Tesla Falls For 'Silly' Reason
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    REITs That Are Increasing Dividends In July Ahead Of Earnings
    Investors are always delighted when a stock in their portfolio announces a dividend increase. For income investors, it means a monthly or quarterly raise. For investors more concerned with growth, dividend hikes often mean more than just a rise in income. Dividend increases can portend an increase in future earnings as well because the earnings need to cover the dividends being paid to shareholders. As earnings increase, share price appreciation often follows. Most real estate investment trusts  ( 9 min )
    Jury awards Florida girl burned by McDonald's Chicken McNugget $800,000 in damages
    A South Florida jury awarded $800,000 in damages to a little girl who received second-degree burns when a hot Chicken McNugget fell on her leg as her mother pulled away from the drive-thru of a McDonald's restaurant. Lawyers for the family of Olivia Caraballo, who was 4 when she was burned in 2019, were seeking $15 million in damages. Jurors reached their verdict after deliberating for less than two hours on Wednesday, the South Florida SunSentinel reported.  ( 8 min )
    American Airlines Boosts Profit Guidance After Record Revenue. Why The Stock Is Falling.
    American Airlines beats earnings expectations, posts record revenue in the second quarter, and follows Delta Air Lines and United Airlines in hiking its full-year profit guidance.  ( 26 min )
    Netflix Stock Is Sinking. Forget Password Sharing and Subscribers, Here’s Why.
    The strike in Hollywood is raising concerns about the streaming service's content.  ( 26 min )
    EUR/USD Forecast – Euro Continues to Stagnate
    The euro has recently experienced a modest rally, surpassing the 1.1250 level. However, signs of hesitation in its upward trajectory have emerged.  ( 8 min )
    Johnson & Johnson Stock Jumps on Earnings Beat. But Talc Worries Loom.
    The company reports better-than-expected numbers, but ongoing litigation remains a concern for investors.  ( 26 min )
    Taiwan Semiconductor Cuts 2023 Sales Outlook On Continued Weak Demand
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    Analyst Report: J.B. Hunt Transport Servs, Inc
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    Analyst Report: M & T Bank Corp
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    Analyst Report: Nasdaq Inc
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    Analyst Report: U.S. Bancorp.
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    The trade-off for a longer life is a longer career—massive consulting firm Bain says 150 million jobs will go to older workers over the next decade
    Baby boomers and Gen Xers aren't going anywhere—they'll make up more than 25% of the workforce by the end of the decade.  ( 8 min )
    Daily Spotlight: Profit Margins Under Pressure
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    Blackstone's quarterly earnings slump 39% as asset sales plummet
    Blackstone Inc said on Thursday its second-quarter distributable earnings slumped nearly 40%, owing to a sharp drop in asset sales mostly from its real estate and credit businesses. Blackstone said its net profit from asset sales plunged 82% to $388.4 million from $2.2 billion in the year-ago period, as higher interest rates, sticky inflation, and economic uncertainty have continued to weigh on its merger-and-acquisition activity. A major share of the reduced asset disposals came from Blackstone's real estate unit, where its net profit sank 94%, while that of its credit division dropped 46%.  ( 7 min )
    Insurer Travelers Q2 profit slumps 98% as storms push up catastrophe losses
    Travelers Companies Inc on Thursday reported a 98% fall in quarterly profit, as severe wind and hail storms in parts of the United States pushed up its catastrophe losses. Core income of the New York-based company, often seen as a bellwether for the insurance sector as it typically reports before industry peers, fell to $15 million, or $0.06 per share, in the second quarter ended June 30, from $625 million, or $2.57 per share, a year earlier. Severe storms in parts of the United States caused the insurer's catastrophe losses net of reinsurance to jump to $1.48 billion from $746 million a year earlier.  ( 7 min )
    Daily – Vickers Top Buyers & Sellers for 07/20/2023
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    Daily – Vickers Top Insider Picks for 07/20/2023
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    Truist misses profit estimates amid bigger credit-loss provisions
    Banks have begun to raise their buffers for credit-loss provisions in the event customers, facing the brunt of high interest rates, are unable to pay back debt on their credit cards or miss loan repayments. "We prudently increased our provision and allowance amid the uncertain economic backdrop," Truist CEO Bill Rogers said in a statement. The bank set aside $538 million in provisions for credit losses in the quarter ended June 30, compared with $171 million a year earlier.  ( 7 min )
    Johnson & Johnson Stock Jumps on Earnings Beat. But Talc Worries Loom.
    The company reports better-than-expected earnings, but talc worries and legal risks remain top of mind for investors.  ( 26 min )
    Bank stocks volatile on mixed results, Discover sinks amid regulatory review
    The company incorrectly classified certain credit card accounts into its highest merchant and merchant acquirer pricing tier, beginning around mid-2007, Discover said after markets closed on Wednesday. It has also received a proposed consent order from the Federal Deposit Insurance Corporation (FDIC) in connection with consumer compliance that does not include the card product classification matter. However, Discover said it has determined that the revenue impact of the incorrect card product classification was not material to its consolidated financial statements for any of the affected periods.  ( 7 min )
    Charles Schwab Survived the Deposit Crisis. What Comes Next?
    This year has taught the brokerage the downsides of being a bank when interest rates shoot higher.  ( 27 min )
    Tesla stock is worth only $85 after gross margin whiff, analyst says: Wall Street reacts
    Wall Street shows mixed emotions on Tesla's mixed second quarter.  ( 9 min )
    Tesla Sinks as Musk Warns of More Blows to Profitability
    (Bloomberg) -- Tesla Inc. fell in late trading after profitability shrank in the second quarter, and the carmaker warned hits to margins are likely to keep coming.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyIn London, New York and Paris, a Giant Office Bet Is Going WrongNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Ol  ( 8 min )
    Taiwan Semi Profit Slumps on Slow Chip Demand
    The world's largest contract chip maker reported a 23% fall in second-quarter profit as it grapples with a slump in demand for electronic devices.  ( 26 min )
    UPDATE 3-TSMC flags 10% fall in 2023 sales, spending at low end of forecast
    Taiwanese chipmaker TSMC posted a 23.3% fall in second-quarter net profit on Thursday as global economic woes dented demand for chips used in applications as varied as cars, cellphones and servers and coming off a strong period last year. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple Inc supplier, saw April-June net profit drop to T$181.8 billion ($5.85 billion) from T$237.0 billion a year earlier. That compared with the T$172.55 billion average of 21 analyst estimates compiled by Refinitiv.  ( 7 min )
    XRP Moving Above 'Cloud' Resistance is Bullish Precedent for Bitcoin: Analyst
    We view XRP's breakout above the Ichimoku cloud as a good example for bitcoin, Fairlead's Katie Stockton said.  ( 7 min )
    TSMC Profit Falls Less Than Feared as AI Boom Offsets Tech Slump
    (Bloomberg) -- Taiwan Semiconductor Manufacturing Co. posted a smaller than expected profit decline, after the global AI development boom outweighed a persistent slump in smartphone demand.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyIn London, New York and Paris, a Giant Office Bet Is Going WrongNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomTesla Investor Rode a 14,800%  ( 8 min )
    AT&T and Other Dividend Stocks Are Struggling. That Could Spell Opportunity.
    Despite their woeful underperformance this year, income-oriented investors should still consider including dividend-paying stocks or funds in their portfolios.  ( 26 min )
    UPDATE 2-Nokia profit falls as North American slowdown dents margins
    Finnish telecom gear group Nokia on Thursday reported a drop in second-quarter profit due to a drop in margin as growth in sales of 5G gear in markets such as India failed to offset slowing demand in North America. Comparable operating profit fell to 626 million euros ($702.37 million) from 714 million euros last year. Nokia and rival Ericsson have been hit by slowing orders from customers, mostly in their high-margin North American markets.  ( 6 min )
    Xi’s Private-Sector Propaganda Push Runs Into Wall of Skepticism
    (Bloomberg) -- China’s latest pledges to rebuild a shattered private sector fell flat with investors, underscoring the damage two years of crackdowns and pandemic controls have had on confidence in the world’s second-largest economy. Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyIn London, New York and Paris, a Giant Office Bet Is Going WrongTesla Investor Rode a 14,800% Gain Thanks to 27  ( 10 min )
    The only reason to buy Tesla stock has nothing to do with its EV business, market strategist says
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    Disinflation will shift to deflation, hitting earnings and sending stocks lower, Morgan Stanley CIO says
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    Evergrande Creditors Seized a $1.6 Billion Tower They Can’t Sell
    (Bloomberg) -- Nothing symbolizes the demise of China Evergrande Group like the Hong Kong tower that it bought for a record $1.6 billion. Once a jewel in the developer’s crown, creditors are still trying to sell the building almost a year after seizing it. Most Read from BloombergA $500 Billion Corporate-Debt Storm Builds Over Global EconomyApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIIn London, New York and Paris, a Giant Office Bet Is Going WrongTesla Investor Rode a 14  ( 9 min )
    Dow Jones Futures: Market Rally Hits 2023 Highs; Tesla Skids Late On These Elon Musk Comments
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    Made in Russia? Chinese cars drive a revival of Russia's auto factories
    The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned company in November was celebrated by Moscow's mayor as showing the resilience of Russia's auto industry to Western sanctions. "This is a historic event," Sergei Sobyanin said as the Moskvich was unveiled at a factory the Moscow government took from French carmaker Renault last year for just one rouble ($0.01).  ( 10 min )
    Biden Goes All-In on Clean Energy; Goldman Sachs Says These 2 Stocks Are Set to Gain
    Recent months have made it clear that the Biden Administration’s embrace of the ‘Green Economy,’ and especially the clean energy sector, is far more than just skin deep. The administration, from the Inflation Reduction Act signed last August to more recent multi-billion-dollar funding initiatives, has been going all-in on clean energy. The Biden White House has been promoting electric vehicles, pushing for solar and wind-powered energy production, and implementing tax and regulatory incentives t  ( 10 min )
    Loan officer: I’m seeing middle class homebuyers take on $7,000 mortgages thinking they can ‘always refinance when rates come down in the future’
    The U.S. housing market firmed up this year. One reason being that buyers jumped in assuming they'll be able to refinance to a lower rate in the near future.  ( 11 min )
  • Open

    Shares of Conservative Shopping Site PublicSq Skyrocket on 1st Trading Day
    Shares of conservative shopping site PublicSq soared on their first day of trading on the New York Stock Exchange.  ( 1 min )
    TSMC's Profit Drops for the First Time in 4 Years Amid Electronics Demand Decline
    TSMC shares slid after reporting a drop in profit for the first time in four years, amid a decline in demand for electronics.  ( 1 min )
    Tesla Shares Fall As Price Cuts Hurt Profitability Despite Record Q2 Revenue
    Elon Musk remained committed to Tesla price cuts despite hurting the company's profitability, suggesting sales volumes would make up for the margin pain in the long run.  ( 1 min )
    Netflix's Password-Sharing Crackdown and Lower-Price Plan Drive Subscription Surge
    Netflix shares fell in extended trading after reporting modest earnings and revenue growth as subscribers surged amid the company's crackdown on password sharing and the continued rollout of its new lower-priced subscription tier.  ( 1 min )
  • Open

    Markets Mixed at Midday on Weaker Earnings Reports
    U.S. equites were mixed at midday on July 20, 2023 as weak earnings news, especially in the tech sector, held back gains.  ( 1 min )
    5 Things to Know Before Markets Open
    Tesla shares fell after reporting revenue that beat expectations but lower profit margins thanks to price cuts, and Netflix shares tumbled after it missed on revenue projections despite strong subscriber growth. Here’s what investors need to know today.  ( 1 min )
  • Open

    Werkloosheid blijft erg laag: 3,5 procent heeft geen baan
    Het aantal werklozen kwam eind juni uit op 353.000. Daarmee zit 3,5 procent van de beroepsbevolking thuis zonder baan. Dat is net zoveel als een maand eerder, meldt statistiekbureau CBS donderdag.  ( 3 min )
    Indonesische verpleegkundigen worden hier uitgeknepen: 'Ik voel me opgelicht'
    Ervaren Indonesische verpleegkundigen worden onder valse voorwendselen naar Nederland gehaald om hier de zorg te verlichten. Ze moeten veel meer werken dan afgesproken en worden niet opgeleid zoals beloofd, blijkt uit onderzoek van NU.nl. De arbeidsinspectie en de IND hebben zich nu ook op de zaak gestort.  ( 8 min )
    Turkije verhoogt rente opnieuw in strijd tegen inflatie
    De Turkse centrale bank schroeft zijn rentetarief opnieuw op, van 15 naar 17,5 procent. Daarmee hopen de Turkse autoriteiten de gierende inflatie in het land onder controle te houden.  ( 3 min )
    Tata Steel twijfelt over klimaatplan, zelfs gebruik van waterstof niet meer zeker
    Tata Steel twijfelt over de manier waarop het bedrijf 'groen staal' gaat maken. Zelfs een volledig afscheid van het plan om klimaatvriendelijk staal te maken met groene waterstof ligt op tafel, blijkt uit interne notulen die in handen van NU.nl zijn.  ( 8 min )
    Volvo worstelt met verdienen aan verkoop elektrische auto's
    Volvo wil steeds meer elektrische auto's verkopen, maar de focus op elektrisch is niet direct goed voor de winstcijfers. In het tweede kwartaal maakte de autofabrikant 3,5 miljard kronen (300 miljoen euro) winst, 60 procent minder dan vorig jaar.  ( 3 min )
    Afzwakkende economie treft ook overslag Rotterdamse haven
    De Rotterdamse haven heeft last van de hoge inflatie en de wereldwijd afzwakkende economie. De overslag daalde in de eerste zes maanden van dit jaar dan ook met 5,5 procent.  ( 3 min )
    Apple test achter de schermen een eigen versie van ChatGPT
    Ook Apple werkt aan een eigen chatbot met kunstmatige intelligentie, meldt Bloomberg. Maar deze 'AppleGPT', zoals hij door ingewijden wordt genoemd, is voorlopig nog niet klaar voor het grote publiek.  ( 3 min )
    Veel meer mensen nemen Netflix nu delen van account niet meer gratis is
    Netflix heeft de afgelopen maanden miljoenen nieuwe abonnees verwelkomd. Dat komt deels doordat de streamingdienst het onderling delen van accounts met vrienden en familie aan banden heeft gelegd. Daardoor hebben meer mensen een eigen abonnement genomen.  ( 3 min )
    Boete voor verkeersbordproducenten vanwege verboden prijsafspraken
    De Autoriteit Consument & Markt heeft twee producenten van verkeersborden een boete opgelegd vanwege verboden prijsafspraken.  ( 4 min )
    Netflix haalt meer abonnees binnen door gedeelde accounts aan te pakken
    Netflix heeft de afgelopen maanden miljoenen nieuwe abonnees verwelkomd. Dat komt deels doordat de streamingdienst het onderling delen van accounts met vrienden en familie aan banden heeft gelegd. Daardoor hebben meer mensen een eigen abonnement genomen.  ( 3 min )
    Tesla verkoopt een stuk meer auto's en ziet omzet flink stijgen
    Tesla beleeft een zeer succesvol jaar. Er werden in het afgelopen kwartaal veel meer auto's verkocht en daardoor steeg de omzet van de autofabrikant met bijna 50 procent tot omgerekend 22,2 miljard euro. Dat leverde ook meer winst op.  ( 3 min )
    Energierekening gemiddeld ruim 600 euro hoger dan jaar eerder
    Een huishouden met een gemiddeld energieverbruik betaalde in juni 2.320 euro per jaar aan energie. Dat betekent een stijging van 37 procent (630 euro) ten opzichte van dezelfde periode vorig jaar.  ( 3 min )
    Nieuwe winkels zorgen voor hogere omzet bij Action
    Action heeft in de eerste zes maanden van dit jaar opnieuw een forse groei doorgemaakt. De discounter opende nog eens negentig winkels in elf verschillende landen. Het aantal vestigingen komt daarmee uit op 2.353.  ( 3 min )
    Energierekening was in juni gemiddeld ruim 600 euro hoger dan jaar eerder
    Een huishouden met een gemiddeld energieverbruik betaalde in juni 2.320 euro per jaar aan energie. Dat betekent een stijging van 37 procent (630 euro) ten opzichte van dezelfde periode vorig jaar.  ( 3 min )
    Bedrijven steken meer geld in gebouwen, auto's en vliegtuigen
    Bedrijven hebben in mei 6,9 procent meer geïnvesteerd dan in dezelfde maand vorig jaar. Dat komt vooral doordat ze meer geld hebben gestoken in gebouwen, personenauto's en vliegtuigen.  ( 2 min )
    Consumenten blijven negatief over economie
    Consumenten waren in juli net zo negatief over de economie als de maand ervoor. Daarmee zijn ze al vier jaar onafgebroken pessimistisch.  ( 3 min )

  • Open

    Loan on a Life Insurance Policy
    A policy loan is issued by an insurance company and uses the cash value of a life insurance policy as collateral. Learn how policy loans work and about their risks.  ( 21 min )
    The Roles of Investment Banks
    Explore the world of investment banking and discover the various functions investment bankers serve, such as handling IPOs and mergers and acquisitions.  ( 18 min )
    How to Assess a Real Estate Investment Trust (REIT) Using FFO/AFFO
    Funds from operations (FFO) and adjusted funds from operations (AFFO) are superior predictors of REIT performance. Find out how to use FFO and AFFO to value REITs.  ( 25 min )
    How do you analyze inventory on the balance sheet?
    Financial professionals use a wide variety of quantitative and qualitative techniques to understand inventory in their investing analyses.  ( 19 min )
    What Is Extended Normal Costing?
    Extended normal costing tracks production costs with an estimate for overhead costs rather than actual expenditures.  ( 19 min )
    Top CD Rates Today: Record Rates Holding in Every Term
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    S&P 500 Gains and Losses Today: Stocks Rally on Solid Earnings News
    The S&P 500 rose 0.2% on Wednesday, July 19, 2023 as the market rally continued to be fueled by solid earnings reports.  ( 18 min )
    Elevance Health Beats Q2 Forecasts and Raises Guidance on Higher Premiums
    Elevance Health shares gained after reporting results that beat forecasts and raising its 2023 guidance as medical insurance premiums rose and payouts were less than anticipated.  ( 16 min )
    Halliburton Warns of a US Drilling Slowdown in the Second Half of the Year
    Halliburton shares slumped after warning that lower oil and gas prices will reduce drilling in the second half of 2023.  ( 16 min )
    Porter's 5 Forces vs. SWOT Analysis: What's the Difference?
    Learn about Porter's 5 Forces and SWOT analysis, tools companies use to analyze the competition, make strategic decisions, and boost profitability.  ( 22 min )
    USDA Targeting Corporate Practices on Food Prices
    The agency said it will help states target anticompetitive behaviors that hike prices in food, retail, and meat and poultry processing.  ( 17 min )
    Tax-Deferred vs. Tax-Exempt Retirement Accounts
    Deciding between a tax-deferred and a tax-exempt retirement account—or having both—comes down to understanding when the tax benefit kicks in.  ( 27 min )
    Netflix Nixes Its Basic Ad-Free Plan for New Subscribers
    Netflix scrapped its cheapest ad-free subscription plan in the U.S. and U.K. in an effort to boost revenue and draw more users to its ad-supported plan released last year.  ( 17 min )
    What Are Vanguard's Admiral Shares?
    Learn about Vanguard Admiral Shares—a separate class of shares for mutual funds—with lower fees and a higher required initial investment.  ( 19 min )
    What Is a Bank Endorsement? Definition, How It Works, and Types
    A bank endorsement is a guarantee or assurance made by a bank that a negotiable instrument, such as a banker's acceptance or a letter of credit, will be honored.  ( 20 min )
    How Many Personal Loans Can You Have at Once?
    Is it possible to have more than one personal loan at once? Yes, it is. However, the number of personal loans you can have at once is limited by your lender.  ( 23 min )
    Check Hold: Definition, How It Works, Types, and Time Limits
    A check hold is the number of days that a bank can legally hold the money from a deposited check. A hold can happen for various reasons and different periods of time.  ( 21 min )
    Amid Low Inventory Market, Housing Starts Fell in June
    For single-family homes, starts in June were 7.0% lower than in May, ending the month at an annual rate of 935,000.  ( 17 min )
    How Bond Market Pricing Works
    The bond market consists of a great number of issuers and types of securities. Explore basic rules of the bond market.  ( 27 min )
    Research and Development (R&D) Definition, Types, and Importance
    Research and development (R&D) is a term to describe the effort a company devotes to the innovation, and improvement of its products and processes.  ( 25 min )
    How to Get a Student Loan Without Your Parents
    You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.  ( 23 min )
    Is SALT Blockchain-Based Lending the Future of All Personal Loans?
    SALT loans allow borrowers to maintain ownership of their blockchain assets, while also gaining access to cash via a loan.  ( 24 min )
    More Than Half of American Adults Aren’t Sure How To Manage Their Inheritance
    "The Great Wealth Transfer" will pass on trillions of dollars in inheritance to Americans over the next decade, however, a new survey shows that just 42% them feel confident about their money managing abilities.  ( 17 min )
    The Safest Industries to Invest In
    What are the safest industries for long-term investment and why?  ( 19 min )
    Unlimited Bond Purchase: How It Works, Examples
    Unlimited bond purchase programs involve open-ended commitments by central banks to purchase distressed government debt.  ( 21 min )
    Contingent Convertibles (CoCos): Definition and Use in Europe
    Contingent convertibles (CoCos) are debt securities that can be converted into a company's common stock. They offer high returns but come with high risk.  ( 28 min )
    Tesla Plans to Expand German Gigafactory, Creating Largest Car Plant in Europe
    Tesla filed plans to expand its German gigafactory into the largest car plant in Europe.  ( 16 min )
    Market Rally Continues at Midday on More Positive Earnings Reports
    The rally in U.S. equities continued at midday on July 19, 2023, buoyed by more strong earnings reports.  ( 16 min )
    What Is an SBA 504 Loan and How Does It Work?
    An SBA 504 loan is a common loan backed by the U.S. Small Business Administration for people who want to purchase and build assets to grow their business.  ( 24 min )
    FTC and DOJ Propose Tougher Antitrust Rules For M&As
    Mergers and acquisitions could be evaluated under a tougher antitrust lens as Department of Justice and Federal Trade Commission propose new rules.  ( 18 min )
    How to Manage a Personal Loan
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    Should I Use an IRS Payment Plan or Personal Loan to Pay My Taxes?
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    Carvana Reworks Debt, Posts Q2 Records, and Announces $1 Billion Stock Sale
    Carvana shares soared after the online used car retailer restructured its debt and reported record-setting quarterly EBITDA and gross profit per unit.  ( 17 min )
    What to Say When Asking for a Personal Loan
    When you apply for a personal loan, you're usually asked what the funding's purpose is. The reason why you're borrowing could impact the terms you're offered on your loan.  ( 21 min )
    How Traders Use CCI (Commodity Channel Index) to Trade Stock Trends
    How traders use the Commodity Channel Index (CCI) to evaluate buy and sell signals based on price trends over various timeframes.  ( 23 min )
    Goldman Profit Down 58% On GreenSky Goodwill Write-Down, Real Estate Investments
    Goldman Sachs net earnings plunged 58% as it wrote-off goodwill for its GreenSky consumer lending platform and marked down real estate investments all while investment bank dealmaking—a big source of its fee revenue—slowed down.  ( 17 min )
    How ElectraMeccanica Makes Money
    ElectraMeccanica (SOLO) is a designer and manufacturer of three-wheeled electric vehicles but has suffered technical issues resulting in the repurchase of most of its cars sold.  ( 19 min )
    Activision Blizzard-Microsoft Deal Extended to October After Regulatory Delays
    Activision Blizzard and Microsoft have extended their acquisition deadline to October after regulatory delays pushed the past the limits of the original agreement.  ( 18 min )
    What You Should Know About Real Estate Valuation
    Accurate real estate valuation is important to mortgage lenders, investors, insurers, and buyers and sellers of real property.  ( 24 min )
    HSBC's Money Laundering Scandal
    HSBC's agreement to pay a $1.9 billion fine and enter into a deferred prosecution agreement points to a lack of control processes in compliance and anti-money laundering.  ( 22 min )
    Mortgage Rates Drop Again
    Rates on 30-year mortgages dropped again, erasing most of a two-day climb. Averages were down for almost every loan type, though some jumbo rates remained steady.  ( 20 min )
    Core Retail Sales: What They are, How They Work, FAQs
    Core retail sales is an economic indicator of the strength of retail in the U.S. It excludes certain highly volatile categories such as gasoline.  ( 21 min )
    Retail Sales: Definition, Measurement, as an Economic Indicator
    Retail sales tracks consumer demand for finished goods by measuring the purchases of durable and non-durable goods over a defined period of time.  ( 25 min )
    How Tencent Makes Money
    Tencent started out as a messaging service provider for PC users but has grown to become one of China's largest technology companies, bringing in most of its revenue from social media networks and games,  ( 21 min )
    5 Things to Know Before Markets Open
    Goldman Sachs leads another day of bank earnings and housing starts are expected to have pulled back in June after a jump in May. Here’s what investors need to know today.  ( 19 min )
    The 6 Worst Student Loan Mistakes You Can Make
    Don't let these errors in judgment affect your good credit for the rest of your life.  ( 24 min )
    Qualcomm Chips To Run Meta's AI on Mobile Devices By 2024
    Qualcomm chips will support Meta's Llama 2 Large Language Model (LLM), in a move that will bring LLMs—that typically need data centers to run because of computational requirements—to smartphones and PCs starting 2024.  ( 17 min )
    Real Estate vs. Real Property: What's the Difference?
    Understand how real estate is legally different from real property and the implications of that difference for each property owner.  ( 18 min )
  • Open

    New ETF Says It Protects Against All Market Losses
    No content preview
    Musk Says Tesla to Spend Over $1 Billion on Dojo Supercomputer
    (Bloomberg) -- Tesla Inc. is sparing no expense to become a player in supercomputing, with Elon Musk saying the electric carmaker plans to invest more than $1 billion on its so-called Project Dojo by the end of 2024. Most Read from BloombergA $500 Billion Corporate-Debt Storm Builds Over Global EconomyApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIIn London, New York and Paris, a Giant Office Bet Is Going WrongTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old Analyst  ( 7 min )
    Discover Financial Falls After Disclosing Regulatory Review, Suspends Buybacks
    (Bloomberg) -- Discover Financial Services slumped in late trading after the lender disclosed that it was in discussions with regulators over how it misclassified some of its credit cards. Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomIn London, New York and Paris, a Giant Office Bet Is Going WrongMusk Says Tesla to Spend Over  ( 8 min )
    Private equity’s favorite way to make acquisitions may be illegal, FTC chair Lina Khan says
    FTC Chair Lina Khan said the agency is looking into whether roll-up strategies, often used by private equity firms, violate antitrust laws.  ( 6 min )
    Discover Financial shares sink after profit miss, buyback pause
    Shares in Discover Financial Services tumbled more than 13% in after-hours trading on Wednesday after its quarterly earnings fell short of expectations and it announced a share repurchase pause as it investigates incorrect classification of credit card accounts from around mid-2007. Discover, a U.S. provider of digital banking and payment services, last traded at $105.63 after closing the regular session up 15 cents at $121.85. The company said it decided to pause share repurchases during its internal review.  ( 7 min )
    Top CD Rates Today: Record Rates Holding in Every Term
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 20 min )
    America’s big banks are in rude health—with one exception
    Recent results highlight difficulties at the country’s most famous financial institution  ( 8 min )
    Disney Has at Least 6 Major Problems. Bob Iger Doesn’t Have to Be One of Them.
    Disney World may be "the happiest place on Earth," but Disney shares have taken investors on a disappointing roller-coaster ride in the past year—leading many to jump off.  ( 26 min )
    UPDATE 1-IBM misses second-quarter revenue estimates as IT spending cools
    Enterprise software provider IBM's second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged down by tepid spending from businesses. IT majors such as Accenture and India's Tata Consultancy Services have also flagged demand weakness, with the former missing market estimates for quarterly revenue last month after its North America revenue grew at its slowest rate in about three years. Revenue growth in the U.S. and Western Europe was "muted" as the company wrapped up the cycle for its mainframe computers it launched last year, Chief Financial Officer James Kavanaugh said in an interview.  ( 7 min )
    Carvana Stock Surged After Earnings. Here’s What Fueled the Rally.
    The online auto retailer reports its best ever quarter for profit, and announces an agreement to cut its debt.  ( 26 min )
    Crown Castle: Q2 Earnings Snapshot
    HOUSTON (AP) — Crown Castle International Corp. (CCI) on Wednesday reported a key measure of profitability in its second quarter. The results surpassed Wall Street expectations. The Houston-based real estate investment trust said it had funds from operations of $891 million, or $2.05 per share, in the period.  ( 7 min )
    Apple Earnings Are Coming Soon. One Analyst Is Worried About iPhones Sales.
    BofA Global Research analyst Wamsi Mohan says the debut of the iPhone 15 could be delayed until the December quarter.  ( 26 min )
    Tesla earnings: EV maker reports Q2 revenue and earnings beat; Musk says Q3 production will decrease slightly
    Tesla reported Q2 results after the bell on Wednesday.  ( 8 min )
    Tesla earnings: EV maker reports Q2 revenue and earnings beat, while gross margins miss expectations
    Tesla reported Q1 results after the bell on Wednesday.  ( 8 min )
    IBM Earnings Top Estimates on Strong Software Sales
    Solid results in software and services were partially offset by softer mainframe sales.  ( 26 min )
    IBM misses second-quarter revenue estimates as IT spending cools
    Enterprise software provider IBM's second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged down by tepid spending from businesses. IT service providers have warned of further pain as companies striving to cut costs in the face of rising inflation cut tech budgets, hurting the industry that saw rapid growth during the COVID-19 pandemic when businesses rushed to adopt hybrid work. IT majors such as Accenture and India's Tata Consultancy Services have also flagged demand weakness, with the former missing market estimates for quarterly revenue last month after its North America revenue grew at its slowest rate in about three years.  ( 7 min )
    Tesla Q2 margins fall as it boosts discounts to drive demand
    No content preview  ( 6 min )
    Netflix subscriber growth surges amid password crackdown but stock falls on outlook
    Netflix reported earnings after the bell on Wednesday. Here's what to know.  ( 8 min )
    Microsoft's Copilot has Wall Street more bullish on AI prospects
    Microsoft's Copilot pricing has analysts across Wall Street boosting their projections for the stocks performance over the next 12 months.  ( 8 min )
    A $12 billion manufacturing powerhouse has avoided layoffs for 70 years while dominating its industry—but good luck replicating its formula
    Workers and management at Lincoln Electric have agreed to an unusual arrangement that includes some major tradeoffs for a major benefit: no layoffs.  ( 15 min )
    High Rates, Low Supply: Home Prices Skyrocket To Unimaginable Peaks As U.S. Home Owners Stop Selling Out Of Fear Of Higher Mortgage Rates
    The housing market has grown exponentially since the COVID-19 pandemic, with owner-occupied housing wealth rising to $9 trillion from the first quarter of 2020 to the first quarter of 2022, according to the Federal Reserve. The rising demand, resulting from ultra-low interest rates and limited supply, played a crucial role in bolstering the housing market. Despite the Fed's contradictory hawkish stance resulting in sky-high mortgage rates, housing demand has continued to grow. Average home price  ( 8 min )
    Elon Musk chimes in after Microsoft and Nvidia gain as much as $192 billion in market value in a day. His reaction could be a red flag to investors.
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    'Headwinds Are Substantial': Jamie Dimon Just Flagged A Long List Of Serious Dangers To The US Economy — Here Are 3 'Salient' Risks And How To Defend Against Them
    JPMorgan Chase recently reported second-quarter results, with both revenue and earnings exceeding Wall Street's expectations. But CEO Jamie Dimon is erring on the side of caution. "There are still salient risks in the immediate view," he said in the earnings press release. "Consumers are slowly using up their cash buffers, core inflation has been stubbornly high — increasing the risk that interest rates go higher and stay higher for longer — quantitative tightening of this scale has never occurr  ( 9 min )
    These Energy Companies Don’t Need Sky-High Oil and Gas Prices
    Oil field service companies shares are beating those of their customers  ( 25 min )
    Big Tech earnings: Everything you need to watch for
    Tech giants will offer investors insight into everything from AI to VR/AR headsets during second quarter earnings season.  ( 9 min )
    Intel’s Earnings May Beat Forecasts but AI Risks Remain, Says Analyst
    Susquehannah analyst Christopher Rolland reaffirmed a Neutral rating on the stock, raising his target for the price to $35 from $32.  ( 26 min )
    Is Palantir Stock A Buy On Its Artificial Intelligence Prospects?
    No content preview
    Netflix removes cheapest ad-free plan after launching new ad-supported tier
    Netflix quietly removed its lowest-priced ad-free tier in the US just ahead of its quarterly earnings results on Wednesday.  ( 7 min )
    Analyst Report: ProLogis
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    Analyst Report: Goldman Sachs Group, Inc.
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    Analyst Report: PNC Financial Services Group
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    Disney Has at Least 6 Major Problems. Bob Iger Doesn’t Have to Be One of Them.
    Disney World may be "the happiest place on Earth," but Disney shares have taken investors on a disappointing rollercoaster ride in the past year—leading many to jump off.  ( 26 min )
    Market Update: PLD, GS, PNC, ZBH
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    GM And Ford Are Having EV Difficulties
    With the EV king, Tesla Inc (NASDAQ: TSLA) scheduled to report its quarterly performance after market close, General Motors (NYSE: GM) is facing battery supply challenges and Ford Motor (NYSE: F) has dramatically cut prices for its F-150 Lighting pickup in response to weakened demand. Upon Ford’s news on Monday, Ford shares dropped 5.9%, GM followed with 3.1 % and Rivian (NASDAQ: RIVN) with a 3.3% drop, while Tesla shares rose 3.2% as its Cybertruck went into production. Despite Challenges, GM I  ( 9 min )
    Carvana stock is up 1000% this year, leaving short sellers with a $2 billion loss
    Carvana stock has been one of the most painful trades this year for investors betting against the pandemic-era highflier.  ( 7 min )
    Warren Buffett Stocks: What's Inside Berkshire Hathaway's Portfolio?
    No content preview
    Constellation Brands fights off activist investor as it takes business from Bud Light
    Corona is still being seen as a big winner from the pullback in demand for Bud Light.  ( 8 min )
    Microsoft and Activision 'confident' merger will close after extending deal deadline
    Microsoft and Activision have agreed to extend the deadline to close their $69 billion deal.  ( 8 min )
    Meta Platforms Earnings Are Around the Corner. Wall Street Is Boosting Estimates.
    Truist's Youssef Squali is the latest analyst to boost his expectations ahead of the company's second-quarter earnings report.  ( 26 min )
    Nikola clear to increase share count — thanks to Delaware rule change
    Nikola won’t need any more shareholders to vote for a share count increase because a Delaware rule change lowers the threshold. The post Nikola clear to increase share count — thanks to Delaware rule change appeared first on FreightWaves.  ( 7 min )
    Tesla inventory, order backlog data signal a worrying demand picture
    Despite blowout delivery numbers for Q2, new data may be pointing to a demand problem for Tesla.  ( 8 min )
    Americans’ 401(k)s got slammed last year, Vanguard reveals—along with how much more money boomers have in the bank than everyone else
    The average retirement account balance fell by 20% compared to 2021, according to Vanguard.  ( 7 min )
    Cisco Stock Has Lagged Behind the Tech Rally. Why 1 Analyst Has Gotten Upbeat.
    J.P. Morgan analyst Samik Chatterjee raised his rating and price target on the stock, which he thinks is too cheap.  ( 26 min )
    Tesla Reports Earnings Today: What to Expect
    Tesla is set to report earnings after the closing bell today. Investors will be closely watching the profitability of Elon Musk's electric-vehicle maker. Tesla has had feverish sales growth this year, with new vehicle deliv  ( 22 min )
    Goldman's profits plunged 58% in Q2
    The results are likely to intensify the scrutiny of CEO David Solomon, who is wrestling with everything from partner unrest to concerns about strategy.  ( 9 min )
    Oppenheimer Says These 2 Stocks Could Double Your Money — Here’s Why They Could Jump
    These are good times for the markets. Inflation concerns are abating, showing that the Fed’s aggressive efforts to tame it are bearing fruit. At the same time, notes Oppenheimer’s Chief Investment Strategist John Stoltzfus, the strength exhibited by labor, the consumer, and business have contributed to “improved sentiment” in the stock market. While the rally that drove the gains in the first part of the year was led by the Mega Caps, it is now widening to less heralded corners. And that brings  ( 10 min )
    AT&T Fires Back On Lead-Sheathed Cabling Issue, Telecom Stocks Climb
    No content preview
    Carvana stock spikes 30% after company announces debt exchange deal, quarterly results
    Carvana stock spikes 30% after company announces debt exchange deal, quarterly results  ( 8 min )
    Carvana stock spikes 30% after co. announces debt restructure, quarterly results
    Carvana continued its recent rally, pressuring short sellers that had been betting on the company's demise earlier this year before a turnaround that has seen the stock gain more than 700% this year.  ( 8 min )
    Stocks rise with Goldman out, Tesla and Netflix ahead: Stock market news today
    Stocks were searching for a foothold to extend their rally on Wednesday, as investors got ready for earnings from Goldman Sachs, with Netflix and Tesla due later.  ( 7 min )
    Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes?
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    Can I Make More in 2023 Off Treasury Bills or Bonds?
    Fixed-income securities play an important role within individual investment portfolios and the economy at large. But like other securities, fixed-income instruments come in a myriad of variations, from short-term Treasury bills that only pay interest when the bill matures, to … Continue reading → The post Treasury Bills vs. Bonds: What's the Difference? appeared first on SmartAsset Blog.  ( 8 min )
    The 'Golden Ratio' That Could Change Your Finances Forever
    There's no shortage of budgeting and spending rules when it comes to personal finance. One says you shouldn't spend more than 30% of your monthly income on housing. Another says to always save 10% of your income. Don't take more … Continue reading → The post Are You Using the Golden Ratio of Finance? appeared first on SmartAsset Blog.  ( 7 min )
    This Is What Actually Happens to Your Mortgage When You Die
    If you die owing money on a mortgage, the mortgage remains in force. If you have a co-signer, the co-signer may still be obligated to pay back the loan. A spouse or other family member who inherits a house generally … Continue reading → The post What Happens to Your Mortgage When You Die? appeared first on SmartAsset Blog.  ( 9 min )
    Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage?
    I am 81 years old. I have a home mortgage balance of $118,300. I also have a $110,000 rollover individual retirement account (IRA) invested with a bank. Should I withdraw the money from my investment and put the money to … Continue reading → The post Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage? appeared first on SmartAsset Blog.  ( 9 min )
    Retiring at 40 with $2 Million Will Buy You This Much Retirement
    Retiring at 40 with $2 million is an ambitious goal, but that doesn't mean it's impossible. While you'll need a decent salary or other sources of income or wealth, saving $2 million is not out of reach. If you plan … Continue reading → The post How to Retire at 40 With $2 million appeared first on SmartAsset Blog.  ( 9 min )
    I'm Retired. How Much Income Can I Make Before It Triggers Taxes?
    Depending on your age, if your income is below a certain threshold, you may not have to pay taxes. Here's what you need to know.  ( 9 min )
    The Sneaky (But Smart) Place Millionaires Keep Their Money
    Where do millionaires keep their money? High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate. Most of the 20.27 million millionaires in the U.S. did not … Continue reading → The post Where Do Millionaires Keep Their Money? appeared first on SmartAsset Blog.  ( 9 min )
    I Maxed Out My 401(k)! What Plans Are Available to Me Now?
    Are you maxing out the 401(k) plan you have at work every year? Do you still have money left for saving and investment after contributing the maximum to your 401(k) and maybe an IRA or two? If so, then you … Continue reading → The post Executive Deferred Compensation Plans appeared first on SmartAsset Blog.  ( 9 min )
    Tesla Earnings Day: TSLA Upgraded, Rally Snubs Sellers As Cybertruck Takes Centerstage
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    AT&T bounces back after it eases fears over lead cable exposure
    Rival Verizon also rose by a similar margin, helping the companies rebound from a selloff sparked by a Wall Street Journal report on July 9 that several telecoms giants abandoned a sprawling network of underground toxic lead cables. Several brokerages including J.P. Morgan and Citi had downgraded AT&T after the report, which said the cables may have contaminated neighboring soil and drinking water sources. AT&T said on Tuesday lead-clad cables "represent less than 10% of its copper footprint of roughly two million sheath miles of cable, the overwhelming majority of which remains in active service."  ( 7 min )
    What Earnings Recession? 8 Stocks' Profit Poised To Boom 150%-Plus
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    Tesla Earnings Are Coming. This Number May Be More Important.
    Wall Street is looking for the electric-vehicle maker to report earnings per share of 80 cents, and sales of $24.2 billion for the second quarter. Gross-profit margins deserve a look, too.  ( 26 min )
    Carvana stock spikes 20% after co. announces debt restructure, quarterly results
    Carvana shares soar after the online car retailer restructures its debt and announces quarterly results.  ( 8 min )
    AT&T Has More to Say on Lead Cables as Wall Street Thinks Selloff Is Overdone
    The telecoms company is looking to calm concerns over its potential liability for contamination, while analysts suggest the reaction that hit its and Verizon's stock was overdone.  ( 26 min )
    Chip Gear Maker ASML Beats Second-Quarter Targets, Guides Higher
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    Goldman's profits plunged 58% in 2Q
    The results are likely to intensify the scrutiny of CEO David Solomon, who is wrestling with everything from partner unrest to concerns about strategy.  ( 8 min )
    Daily Spotlight: Soft Retail Sales
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    Analyst Report: Morgan Stanley
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    Analyst Report: Lockheed Martin Corp.
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    Analyst Report: Bank of New York Mellon Corp
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    Analyst Report: Charles Schwab Corp.
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    Analyst Report: AT&T, Inc.
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    Carvana Soars After Reaching Debt Restructuring Deal
    (Bloomberg) -- Carvana Co. reached a deal with bondholders to reduce debt and extend some maturities as the used-car retailer tries to regain its footing following a disastrous push for growth during the pandemic.Most Read from BloombergTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystSingapore Passport Is World’s Most Powerful, Replacing JapanMeet the Billionaire Who Convinced Messi to Pick MLS Over Saudi ArabiaRags-to-Riches Wealth Fund Veteran Plans to Run for Singapore Preside  ( 7 min )
    Carvana Stock Jumps on Deal With Creditors
    Carvana shares surged before the market open after the online used-car retailer said it had reached a deal to reduce its interest payments and indebtedness. The troubled Arizona-based company also reported a narrower second-quarter loss than analysts had expected early Wednesday. The stock jump, if  ( 22 min )
    Daily – Vickers Top Insider Picks for 07/19/2023
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    Daily – Vickers Top Buyers & Sellers for 07/19/2023
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    Heard on the Street: Gucci’s Star Boss Is Out of Fashion
    The luxury industry can be fickle, as one of its most influential executives has found out. Shares in French luxury group Kering are up 6% after it announced that Marco Bizzarri, the chief executive of  ( 23 min )
    These Stocks Are Moving the Most Today: Carvana, Goldman Sachs, Tesla, ASML, Netflix, and More
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 9 min )
    In London, New York and Paris, a Giant Office Bet Is Going Wrong
    (Bloomberg) -- A trip to the restaurant that sits atop the No. 1 Poultry office block in London’s financial district is a chance to experience firsthand the Tale of Two Cities that’s upending the commercial real-estate market.Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystMeet the Billionaire Who Convinced Messi to Pick MLS Over Saudi ArabiaMorgan Stanley Moves 200 Tech Experts From China on Data  ( 11 min )
    ASML Stock Falls Despite Raising Guidance. Why China Chip Controls are a Drag.
    ASML said it expects net sales growth this year of around 30% compared with 2022, compared with previous guidance of more than 25%.  ( 29 min )
    Tesla to Report Second-Quarter Earnings Fueled by Sales Growth
    Analysts are looking to see the impact of price cuts on the EV maker’s bottom line.  ( 26 min )
    Carvana Stock Tumbles After Moving Earnings Release Up to Wednesday
    The online auto retailer will now report earnings before the market opens Wednesday, having previously set a date of Aug. 3 for its results.  ( 26 min )
    5 Beaten-Down Healthcare Stocks With Potential for a Rebound
    Investors have fled healthcare stocks this year, ducking out of a trade that seemed a smart defensive play last year, as market conditions have changed.  ( 31 min )
    Dow Jones Futures Rise After Market Rallies On Microsoft AI Push; Netflix, Tesla Earnings On Tap
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    Inflation falls to 16-month low with hopes of ‘dramatic’ price drops on the way
    Inflation slowed at a faster-than-expected pace in June, amid a big fall in petrol prices and a slowdown in rising food costs.  ( 7 min )
    Are AT&T and Verizon’s Dividends Safe? What the Math Says.
    Concerns about lead-sheathed wires have caused shares of the telecom giants to tumble and raised concerns about the safety of their payouts.  ( 26 min )
    ASML beats Q2 expectations, increases full-year sales forecast
    Dutch semiconductor equipment maker ASML on Wednesday reported second-quarter net profit of 1.9 billion euros ($2.13 billion) on sales of 6.9 billion euros, slightly ahead of analyst expectations. Analysts had seen net profit at 1.82 billion euros on revenues of 6.74 billion euros, according to Refinitiv data. ($1 = 0.8913 euros)  ( 6 min )
    Forced to retire at 60, this firefighter's finances took a big hit — like so many other retirees.
    Martin Rucker became a Detroit firefighter in hopes of getting a full pension. But the city's bankruptcy left him with financial challenges.  ( 10 min )
    Teamsters issue strike notice at Yellow
    Teamsters issued a strike notice at Yellow shortly after the carrier said it would defer two months of required benefits contributions.  ( 7 min )
    Microsoft adds $154 billion in market value after it announces $30 per month AI subscription
    Microsoft's one-day gain in market value is more than the entire valuation of about 450 S&P 500 companies.  ( 7 min )
    Vietnam EV maker VinFast to start construction of US factory next week
    HANOI (Reuters) -Vietnamese automaker VinFast said on Wednesday it would start construction of a $4 billion electric vehicle factory in North Carolina next week as part of its push to expand in the United States market. The unit of Vietnam's largest conglomerate Vingroup, which began operations in 2019, announced plans for the U.S. factory last year. "When it begins operations, the factory will be VinFast's primary supplier of electric vehicles to the North American market," said Thuy Le, head of VinFast Auto.  ( 7 min )
    Yellow says it’s not paying even as potential strike looms
    In a statement Tuesday evening, Yellow Corp. said it would defer health and pension contributions as planned. The post Yellow says it’s not paying even as potential strike looms appeared first on FreightWaves.  ( 7 min )
    Fed's last rate hike coming at July meeting, economists say
    The U.S. Federal Reserve will raise its benchmark overnight interest rate by 25 basis points to the 5.25%-5.50% range on July 26, according to all 106 economists polled by Reuters, with a majority still saying that will be the last increase of the current tightening cycle. A resilient economy and historically low unemployment well over a year since the Fed began one of its most aggressive rate hiking campaigns in history has repeatedly confounded analysts and investors. Inflation is falling, with the headline consumer price index (CPI) measure slowing to 3.0% in June from 4.0% in May. That led many observers on Wall Street to conclude inflation might soon be tamed, prompting some to renew bets that rate cuts could happen by as soon as the end of 2023.  ( 7 min )
    Piper Sandler Says Buy These 2 High-Yield Dividend Stocks — Including One With 13% Yield
    What should we make of the markets today? That’s the question on the minds of every market and economic expert out there – and it’s a challenging one. Inflation has dropped to 3% annually, and the labor market is hot. Stocks are up, indicating that investors have priced in the risk of higher prices. However, this leads to a problem highlighted by Piper Sandler’s chief strategist, Michael Kantrowitz. He points out that estimates for forward earnings are not keeping up with the positive sentiment.  ( 10 min )
  • Open

    Vooral buiten Randstad steeds meer startende ondernemers
    Zeeuwen, Groningers en Drenten starten steeds vaker een eigen bedrijf. In de Randstad neemt het aantal startende ondernemers juist amper nog toe. Dat blijkt uit cijfers van de Kamer van Koophandel.  ( 4 min )
    Energierekening was in juni fors hoger dan jaar eerder
    Een huishouden met een gemiddeld energieverbruik betaalde in juni 2.320 euro per jaar aan energie. Dat betekent een stijging van 37 procent (630 euro) ten opzichte van dezelfde periode vorig jaar.  ( 3 min )
    Pensioenfondsen staan er beter voor, maar nieuwe verhoging blijft onduidelijk
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    Klanten KPN hebben door storing amper toegang tot tv-zenders
    KPN kampt met een storing waardoor klanten problemen hebben met televisiekijken. Daardoor zijn in sommige regio's in Nederland alleen NPO 1, 2 en 3 te kijken, zegt een woordvoerder desgevraagd tegen NU.nl.  ( 3 min )
    NU+ | VanMoof failliet: fiets krijg je terug, geld is ander verhaal
    Heb je een VanMoof-fiets (besteld) of staat-ie ter reparatie in de werkplaats, dan breekt er een onzekere periode aan. Want krijg je je fiets (of je geld) nog wel terug nu VanMoof failliet is verklaard?  ( 5 min )
    Tarwe en mais duurder na dreigende taal Rusland over scheepvaart naar Oekraïne
    De prijzen voor tarwe en mais op de beurs in de Amerikaanse stad Chicago zijn woensdag flink gestegen na een Russisch dreigement over de scheepvaart naar Oekraïne. Het is opnieuw een escalatie na het aflopen van de zogenoemde graandeal.  ( 3 min )
    Schiphol verwelkomde in juni meer dan 5,6 miljoen passagiers
    Ruim 5,6 miljoen mensen reisden in juni van, naar of via Schiphol. Dat is een toename van 8 procent ten opzichte van dezelfde maand vorig jaar. Toen ging het om 5,2 miljoen mensen.  ( 3 min )
    Rusland zegt gesprekken over graandeal te willen herstarten, maar niet zomaar
    Rusland heeft laten weten weer te willen spreken over een verlenging van de Oekraïense graandeal, die begin deze week afliep. Maar dan moeten de Verenigde Naties er wel binnen drie maanden voor zorgen dat de Russische export weer soepeler verloopt.  ( 4 min )
    Britse inflatie stijgt iets minder hard
    De prijzen in het Verenigd Koninkrijk zijn afgelopen maand met 7,9 procent gestegen ten opzichte van dezelfde maand vorig jaar. Daarmee komt de Britse inflatie uit op het laagste niveau in een jaar tijd.  ( 2 min )
    Vijfduizend klanten van pakketdienst GLS kregen mails die niet voor hen waren
    Pakketbezorger GLS heeft dinsdag onbedoeld e-mails verstuurd naar zo'n vijfduizend zakelijke en particuliere klanten. Dat laat het bedrijf woensdag weten aan NU.nl. In de mails stonden onder meer privégegevens van klanten.  ( 3 min )
    Rusland wil gesprekken over graandeal herstarten, maar niet zomaar
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    Natuurherstel boerenland komt met uitgeklede wet voorlopig geen stap dichterbij
    Grutto's, geelgorzen en graslandvlinders hebben voorlopig weinig aan de Europese natuurherstelwet: vrijwel alle maatregelen voor natuurherstel in boerenland zijn weggestemd door het Europees Parlement. Alleen regeringsleiders kunnen daar nog iets van doen terugkeren, en landen die zelf aan de slag gaan.  ( 8 min )
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    Er moeten duidelijke en heldere regels komen om de risico's van kunstmatige intelligentie (AI) tegen te gaan. Dat zegt de Veiligheidsraad van de Verenigde Naties, die voor het eerst bij elkaar kwam om over dit onderwerp te praten.  ( 4 min )
    Cryptobeleggers moeten Binance-tegoeden voor 17 augustus weghalen
    Cryptoplatform Binance sluit binnenkort zijn deuren voor Nederlandse gebruikers, dus moeten Nederlandse gebruikers vertrekken. Het handelsplatform maakt nu bekend dat je voor 17 augustus je cryptovaluta moet weghalen.  ( 3 min )
    Gasunie verdient goed aan lng-terminal bij Eemshaven
    Gasunie verdient goed aan de aanvoer van vloeibaar aardgas (lng). De omzet van de gastransporteur steeg met bijna een kwart, vooral door extra gebruik van de drijvende terminal voor vloeibaar gas in de Eemshaven.  ( 3 min )
    Ook stroomnet in Zeeland is vol: geen nieuwe aansluitingen voor grote bedrijven
    Grote bedrijven die veel stroom verbruiken kunnen in Zeeland voorlopig geen aanvraag meer doen voor nieuwe aansluitingen of verzwaring van hun huidige aansluiting. Netbeheerder TenneT zegt dat het stroomnet in Zeeland de maximumcapaciteit heeft bereikt.  ( 3 min )
    Pakketdienst GLS bezorgt honderden mails bij verkeerde adressen
    Klanten van GLS hebben dinsdag een overweldigend aantal e-mails ontvangen die niet voor hen waren bedoeld. GLS maakt daarvan melding op zijn website. Volgens de pakketdienst was er sprake van een storing.  ( 3 min )
    Deelscooterbedrijf Felyx mag zich niet meer duurzaam en schoon noemen
    Deelscooterbedrijf Felyx mag zich niet meer 'duurzaam', 'schoon' of 'groen' noemen. Ook mag het bedrijf niet meer zeggen dat je CO2 bespaart door van de scooters gebruik te maken, oordeelt de Reclame Code Commissie.  ( 3 min )
    Jumbo verwacht te kunnen minderen met 'buitensporige prijsverhogingen'
    Jumbo denkt dat de periode met flinke prijsverhogingen in de supermarkten langzaam maar zeker voorbij is. Wel waakt de supermarktketen voor te veel optimisme. Doordat lonen en huren nog oplopen, blijven prijzen in de supermarkt dat ook doen.  ( 3 min )
    ASML verwacht topjaar in 2023 ondanks exportstop naar China
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  • Open

    S&P 500 Gains and Losses Today: Stocks Rally on Solid Earnings News
    The S&P 500 rose 0.2% on Wednesday, July 19, 2023 as the market rally continued to be fueled by solid earnings reports.  ( 1 min )
    Market Rally Continues at Midday on More Positive Earnings Reports
    The rally in U.S. equities continued at midday on July 19, 2023, buoyed by more strong earnings reports.  ( 1 min )
    5 Things to Know Before Markets Open
    Goldman Sachs leads another day of bank earnings and housing starts are expected to have pulled back in June after a jump in May. Here’s what investors need to know today.  ( 1 min )
  • Open

    Netflix Nixes Its Basic Ad-Free Plan for New Subscribers
    Netflix scrapped its cheapest ad-free subscription plan in the U.S. and U.K. in an effort to boost revenue and draw more users to its ad-supported plan released last year.  ( 1 min )
    Goldman Profit Down 58% On GreenSky Goodwill Write-Down, Real Estate Investments
    Goldman Sachs net earnings plunged 58% as it wrote-off goodwill for its GreenSky consumer lending platform and marked down real estate investments all while investment bank dealmaking—a big source of its fee revenue—slowed down.  ( 1 min )
    Tesla Plans to Expand German Gigafactory, Creating Largest Car Plant in Europe
    Tesla filed plans to expand its German gigafactory into the largest car plant in Europe.  ( 1 min )
    Activision Blizzard-Microsoft Deal Extended to October After Regulatory Delays
    Activision Blizzard and Microsoft have extended their acquisition deadline to October after regulatory delays pushed the past the limits of the original agreement.  ( 1 min )
    Qualcomm Chips To Run Meta's AI on Mobile Devices By 2024
    Qualcomm chips will support Meta's Llama 2 Large Language Model (LLM), in a move that will bring LLMs—that typically need data centers to run because of computational requirements—to smartphones and PCs starting 2024.  ( 1 min )

  • Open

    CSS Profile: What it is, How it Works, FAQs
    The CSS Profile is a financial aid application used by nearly 250 colleges, universities, and scholarship programs to award non-federal aid.  ( 23 min )
    Liability vs. Full-Coverage Car Insurance: Which Is Better?
    Full-coverage car insurance includes liability insurance, which covers the other driver's costs if you're at-fault. Learn more about how these insurance policies work.  ( 23 min )
    What Does Bonded Mean? Definition and How It Works
    A business is bonded if it has a surety bond, a legal contract whereby a surety company assumes liability for a debt or other obligation one business owes to another.  ( 23 min )
    What Is an SBA Loan?
    An SBA loan is a small business business loan that is guaranteed by the U.S. Small Business Administration (SBA). The guarantee reduces risks for lenders.  ( 24 min )
    Top CD Rate Rises to 5.70% APY
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    S&P 500 Gains & Losses Today: Big Bank Stocks Advance on Strong Earnings Reports
    The S&P 500 gained 0.7% on Tuesday, July 18, 2023, after a new round of strong corporate earnings reports.  ( 17 min )
    An Economic Analysis of the Low-Cost Airline Industry
    Low-cost carriers have become powerful players in the airline sector. However, the COVID-19 pandemic changed the game.  ( 25 min )
    Credit Card Posting: Definition, Timing, vs. Transaction Date
    Credit card posting is the point at which a transaction is "posted to" a cardholder's account and the money is either taken from or added to the account.  ( 22 min )
    The Basics of the T-Bill
    The U.S. government has two primary methods of raising capital. One is by taxing individuals, businesses, trusts and estates; and the other is by issuing fixed-income securities that are backed by the full faith and credit of the U.S. Treasury.  ( 20 min )
    What Is Implicit Bias?
    Implicit bias is a subconscious bias that can negatively affect a person's judgment, opinions, or decisions about other individuals or groups. It also can impair investing choices.  ( 26 min )
    How to Get the Most Out of Your 401(k) Plan
    Your retirement security depends on how well you built your nest egg. Find out how to get the most out of your 401(k) plan.  ( 28 min )
    NBCUniversal’s Peacock Raises Prices for its Streaming Plans
    Comcast's NBCUniversal is hiking prices for its Peacock streaming platform for the first time since it launched the service three years ago.  ( 18 min )
    Adam Smith: Who He Was, Early Life, Accomplishments and Legacy
    Adam Smith is considered the father of modern economics for his work in pioneering ideas such as free trade and the gross domestic product (GDP).  ( 26 min )
    Lockheed Martin Beats Estimates, Raises Outlook on Higher Demand for Weapons
    Lockheed Martin posted better-than-expected quarterly results and raised its guidance as demand for military weapons rose.  ( 16 min )
    Microsoft Announces $30 AI Subscription, Doubles Down On AI Partnerships
    Microsoft announced an AI-powered premium version of its Microsoft 365 product that would cost users $30 per month. And it's doubling down on AI applications through tie-ups with companies like Meta.  ( 17 min )
    J&J Is Latest Drug Maker to Sue Over Medicare Price Rules
    Johnson & Johnson joined others in the pharmaceutical industry suing the government over new Medicare prescription drug price rules.  ( 17 min )
    Corporate Social Responsibility (CSR) Explained With Examples
    Corporate social responsibility (CSR) is a business model that helps a company be socially accountable to itself, its stakeholders, and the public.  ( 29 min )
    Loan Growth Buoys Earnings at Big Banks, Even as Applications Decline
    Earnings at some of America’s biggest banks including JPMorgan Chase, Bank of America, and Wells Fargo were buoyed by rising loan balances, even as loan applications fell nationwide.  ( 19 min )
    6 REITs That Pay Dividends Regularly
    Income-oriented investors prioritize frequent dividend payments for income needs. Here are six real estate investment trusts that meet that criterion.  ( 23 min )
    Analyzing Mutual Fund Performance
    Find out whether a fund's performance is a result of the manager's abilities or just a fluke.  ( 20 min )
    The 5 Biggest Russian Oil Companies
    Discover the top Russian oil companies by production volume and find out more about their domestic and international business operations.  ( 21 min )
    What Is a Pure Play? How They Work, Advantages, and Risks
    A pure play is a company that invests in one line of business, so its stock performance correlates highly to the performance of its sector.  ( 19 min )
    6 Investment Styles: Which Fits You?
    How you invest is just as important as what you buy. Find out which style is right for you, and how to follow it.  ( 18 min )
    Net Advantage to Leasing (NAL): What it is, How it Works
    Net advantage to leasing (NAL) refers to the total monetary savings that would result from a person or a business choosing to lease an asset, as opposed to purchasing it outright.  ( 18 min )
    Slowdown In Deposit Outflows Lifts Charles Schwab Shares Despite Drop In Profit
    The slowdown in deposit flight allowed Charles Schwab's shares to rise about 12% in trading, despite a drop in net income in the second quarter.  ( 17 min )
    Novartis Raises Guidance, and Announces Stock Buyback and Spinoff Plans
    Novartis ADRs jumped after the pharmaceutical firm raised its outlook, announced a stock buyback, and detailed spinoff plans.  ( 16 min )
    China's Flagging Economy Has Global Impact
    China's disappointing GDP growth pushed European stocks and oil downward and triggered a shift in sentiment about future Fed rate changes.  ( 17 min )
    Morgan Stanley Beats Q2 Estimates on Record Wealth Management Revenue
    Morgan Stanley posted record wealth management revenue and beat profit and sales estimates as the bank benefited from higher interest rates following the Fed's rate hikes to fight inflation.  ( 16 min )
    Early Retirement Trend Fading as Older Workers Make Up Larger Part of Workforce
    Despite the ‘Great Resignation,’ one in four workers will be 55 or over by 2031, study shows.  ( 17 min )
    Managing Your Money After You Retire
    Even if you planned carefully for your retirement years, you'll still need to manage your income, investments, and expenses in the years ahead.  ( 27 min )
    Markets Mixed at Midday as Strong Earnings Reports Lift the Dow and S&P 500
    The Dow and S&P 500 advanced at midday on July 18, 2023 following strong earnings reports from some of the nation's biggest banks.  ( 16 min )
    Mortgage Rates Climb for a Second Day
    Rates on 30-year mortgages rose for a second day, adding an eighth of a point over last week's low point. Most other averages also moved up, though jumbo rates were flat.  ( 20 min )
    LendingClub Savings Account Interest Rates: July 2023
    Through Lending Club’s high-yield savings accounts, you can earn a higher-than-average APY with no monthly service fees. All you need to get started is $100.  ( 20 min )
    Higher Rates Prop Bank of America's Profits But Commercial Real Estate Loan Concerns Loom
    Bank of America reported double-digit growth in revenue and net income in the second quarter on Tuesday, as higher interest rates boosted income it generated from lending money.  ( 17 min )
    Closed-End Lease: Overview and Examples in Car Leasing
    A closed-end lease is a type of rental agreement that does not require the lessee to purchase the asset at the end of the lease.  ( 21 min )
    US Retail Sales Tick Up, Boosted by Strong Online Spending
    Consumers spent $689.5 billion in June, 0.2% more than in May, but economists were expecting a 0.5% jump in spending.  ( 19 min )
    What Is a Collision Damage Waiver (CDW)? Definition and Coverage
    Collision damage waiver (CDW) is additional insurance coverage offered to an individual renting an automobile.  ( 24 min )
    Homebuilder Confidence Reaches Highest Level Since Last June
    The NAHB's Housing Market Index gained one point month-over-month, ending June at its highest level in a year.  ( 17 min )
    What Does It Mean When a Bond Is Selling at a Premium? Is It a Good Investment?
    When the terms premium and discount are used in reference to bonds, they are telling investors the purchase price of the bond is either above or below its par value.  ( 20 min )
    SEC Chair Issues Warning To Companies Touting AI Opportunities
    Securities and Exchange Commission Chair Gary Gensler warned corporations to make accurate representations about their AI-related moves to ensure investors are not deceived.  ( 17 min )
    5 Popular Portfolio Types
    Learn how to build these five types of portfolios to increase your investing confidence and give you financial control.  ( 23 min )
    What Is the Saving on a Valuable Education (SAVE) Plan: What to Know
    The Saving on a Valuable Education (SAVE) Plan is an income-driven repayment (IRD) plan introduced by the U.S. Department of Education that will replace the Revised Pay-As-You-Earn (REPAYE) plan.  ( 22 min )
    Personal Loan vs. Home Improvement Loan: What's the Difference?
    A home improvement loan can be a type of personal loan, but it's also possible to fund home-related projects with other types of loans.  ( 22 min )
    Secured vs. Unsecured Loans: What's the Difference?
    Secured loans are a type of loan backed by collateral, whereas unsecured loans don’t require collateral and are based primarily on a borrower's creditworthiness.  ( 21 min )
    Fewer Americans Feel They Can Access Financial Services They Need, Principal Study Finds
    U.S. households are reporting lower levels of access to financial services and support compared to 2022, according to a survey by Principal. The U.S. reported a 12% decline from 2022 in residents who have access to things such as bank accounts, loans, mortgages, retirement and pension plans, and more.  ( 18 min )
    Revenue vs. Earnings: What's the Difference?
    Revenue is the total income earned by a company for selling its goods and services. Earnings are revenues minus all expenses associated with operating the business.  ( 21 min )
    How Netflix Is Changing the TV Industry
    From its beginnings, Netflix has been a disruptor. Now, its popular streaming service is forcing the television industry to adapt or die trying.  ( 19 min )
    5 Things to Know Before Markets Open
    Bank of America kicks off a busy day of bank earnings by beating its second quarter profit forecast and retail sales are expected to increase for June. Here’s what investors need to know today.  ( 19 min )
    Wells Fargo Savings Account Interest Rates: July 2023
    Wells Fargo offers two types of savings accounts, but the rates are low unless you carry a large balance.  ( 21 min )
    What Is the São Paulo Stock Exchange?
    Learn about Brazil's São Paulo Stock Exchange, also known as BOVESPA, one of the largest stock exchanges by market capitalization in the Americas.  ( 24 min )
    5 Ways to Get Maximum Student Financial Aid
    Getting the best possible package for a college fund depends on minimizing assets and maximizing the energy you use to find possible funding sources.  ( 22 min )
  • Open

    Microsoft Announces $30 AI Subscription, Doubles Down On AI Partnerships
    Microsoft announced an AI-powered premium version of its Microsoft 365 product that would cost users $30 per month. And it's doubling down on AI applications through tie-ups with companies like Meta.  ( 1 min )
    NBCUniversal’s Peacock Raises Prices for its Streaming Plans
    Comcast's NBCUniversal is hiking prices for its Peacock streaming platform for the first time since it launched the service three years ago.  ( 1 min )
    Novartis Raises Guidance, and Announces Stock Buyback and Spinoff Plans
    Novartis ADRs jumped after the pharmaceutical firm raised its outlook, announced a stock buyback, and detailed spinoff plans.  ( 1 min )
    Morgan Stanley Beats Q2 Estimates on Record Wealth Management Revenue
    Morgan Stanley posted record wealth management revenue and beat profit and sales estimates as the bank benefited from higher interest rates following the Fed's rate hikes to fight inflation.  ( 1 min )
    Higher Rates Prop Bank of America's Profits But Commercial Real Estate Loan Concerns Loom
    Bank of America reported double-digit growth in revenue and net income in the second quarter on Tuesday, as higher interest rates boosted income it generated from lending money.  ( 1 min )
  • Open

    S&P 500 Gains & Losses Today: Big Bank Stocks Advance on Strong Earnings Reports
    The S&P 500 gained 0.7% on Tuesday, July 18, 2023, after a new round of strong corporate earnings reports.  ( 1 min )
    Markets Mixed at Midday as Strong Earnings Reports Lift the Dow and S&P 500
    The Dow and S&P 500 advanced at midday on July 18, 2023 following strong earnings reports from some of the nation's biggest banks.  ( 1 min )
    5 Things to Know Before Markets Open
    Bank of America kicks off a busy day of bank earnings by beating its second quarter profit forecast and retail sales are expected to increase for June. Here’s what investors need to know today.  ( 1 min )
  • Open

    A $500 Billion Corporate-Debt Storm Builds Over Global Economy
    (Bloomberg) -- Richard Cooper’s phone is something of an early alarm bell for the global economy. Lately, it’s been ringing a lot.Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystMeet the Billionaire Who Convinced Messi to Pick MLS Over Saudi ArabiaMorgan Stanley Moves 200 Tech Experts From China on Data LawMassive US Oil Caverns Sit Empty and Will Take Years to RefillA partner at Cleary Gottlieb,  ( 11 min )
    Carvana Stock Sinks In Late Trade With Earnings Due Wednesday
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    AT&T Says Less Than 10% of Its Network Has Lead Covered Cables
    (Bloomberg) -- AT&T Inc. says less than 10% of its nationwide copper-wire telecom network has lead-clad cables, addressing investor concerns over the extend of a potentially massive contamination situation and costly cleanup.Most Read from BloombergTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystSingapore Passport Is World’s Most Powerful, Replacing JapanMassive US Oil Caverns Sit Empty and Will Take Years to RefillTrump Gets Letter Saying He Is a Target of DOJ Jan. 6 ProbeIn Man  ( 8 min )
    Top CD Rate Rises to 5.70% APY
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 20 min )
    Carvana Slides After Moving Up Earnings Date Without Warning
    (Bloomberg) -- Carvana Co.’s shares tumbled after the used-car retailer surprised investors with a last-minute change to its earnings plans.Most Read from BloombergTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystSingapore Passport Is World’s Most Powerful, Replacing JapanMassive US Oil Caverns Sit Empty and Will Take Years to RefillTrump Gets Letter Saying He Is a Target of DOJ Jan. 6 ProbeIn Manchester United Bidding War, Ratcliffe’s $16 Billion Fortune Might Not Be EnoughThe co  ( 7 min )
    Eye Disease Drugmaker’s Value Halved After Severe Reactions
    (Bloomberg) -- Apellis Pharmaceuticals Inc. shares headed for their worst two-day drop on record after confirming reports that some patients experienced severe inflammation following treatment with its eye drug.Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystMassive US Oil Caverns Sit Empty and Will Take Years to RefillTrump Gets Letter Saying He Is a Target of DOJ Jan. 6 ProbeTokyo Heat Smashes 1  ( 7 min )
    Microsoft Hasn’t Caught Wall Street This Off Guard in a Decade
    (Bloomberg) -- Microsoft Corp. is one of the most-loved stocks on Wall Street, but even the wildly positive views surrounding the software giant haven’t been able to keep up with a rally that has already topped 50% this year.Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystMeet the Billionaire Who Convinced Messi to Pick MLS Over Saudi ArabiaMassive US Oil Caverns Sit Empty and Will Take Years to R  ( 7 min )
    Tech Executive Falls Victim to $450K Scam on Dating Site: The Cruel 'Pig-Butchering' Scheme Going Around
    Shreya Datta spent months swiping through dating apps searching for a connection when she encountered "Ancel Mali," a self-proclaimed wine trader from France, on Hinge. Mali claimed he had recently relocated to West Philadelphia. Once they transitioned their conversation to WhatsApp, Mali swiftly deleted his Hinge profile, expressing a desire to prioritize their connection and focus solely on Datta. After engaging in online conversations filled with flirtatious emojis and selfies for a couple of  ( 9 min )
    Rocket Lab Stock Skyrockets After Launching 7 Satellites
    The security is trading at a fresh one-year high  ( 7 min )
    Microsoft Stock Spikes To Record High On AI Pricing Details
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    Microsoft Stock Is Spiking on Aggressive Pricing for AI Software
    Software giant Microsoft plans to charge $30 a month per user for the new artificial-intelligence software, a potentially huge price hike for customers who adopt it.  ( 26 min )
    GE Stock Soars 70% With Earnings On Deck — Is It A Buy?
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    Apple gains market share in India as Wall Street analyst predicts massive upside
    A new report shows Apple is gaining market share in India as the iPhone giant bets heavily on the country's rising middle class and manufacturing capabilities.  ( 8 min )
    Crowdfunded Real Estate Deals Unravel as Investor Funds Vanish
    (Bloomberg) -- Hundreds of regular investors who together put up $63 million to buy pieces of Atlanta and Miami commercial real estate have allegedly seen their funds disappear. Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystMassive US Oil Caverns Sit Empty and Will Take Years to RefillTokyo Heat Smashes 150-Year Trend as Extreme Weather Bakes GlobeTrump Gets Letter Saying He Is a Target of DOJ J  ( 7 min )
    Wall Street research is a 'clown show', markets guru Larry McDonald says after Citi boosts its price target for Nvidia's stock
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    Analyst Report: Bank Of America Corp.
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    Analyst Report: Tractor Supply Co.
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    Market Update: BAC, MSFT, TSCO, UNH
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    NBC's Peacock announces first-ever price hike as streaming losses mount
    Comcast announced price increases for its Peacock streaming platform as the company plans to invest more heavily in content and user experience amid tough competition.  ( 8 min )
    Nvidia Stock Gets a Price Target Boost. Its AI Dominance Should Continue.
    Only 10% of cloud servers are enabled with chips suited to accelerate AI projects, BofA says.  ( 26 min )
    Microsoft Stock on Pace for Record Close After AI-Related Announcements
    Shares of Microsoft jumped about 4% after the company made announcements about artificial-intelligence-related products. That puts Microsoft on pace to close at a new all-time high.  ( 22 min )
    10 reasons why the recession that Wall Street predicted to death never showed up
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    EV Start-Up Lordstown Went Bankrupt. Why That Sparked a Rally in Nikola, EV Stocks.
    Lordstown Motors filed for bankruptcy protection in late June. Somehow that fired up investor interest in shares of other unprofitable, electric-vehicle start-ups.  ( 26 min )
    'It Was A Strong Horse Race Between Me And Putin': Jim Cramer Says He Was Once Among The Most-Hated People On Twitter — And Sets The Record Straight On Nvidia
    Jim Cramer, the charismatic host of "Mad Money" on CNBC, has made numerous intriguing stock picks. Recently, he opened up about what he calls a "disturbing experience" related to his commentary on a particularly hot tech name. "A friend came to me recently at a party and said he had figured out why I was so darn hated," he said in a video posted by CNBC on Instagram. "I was hated because of Nvidia." Cramer was not pleased, saying he doesn't like friends to tell him he's hated. "And I certainly d  ( 9 min )
    Teamsters Threaten Strike at Yellow as Trucker Misses Pension Payment
    The debt-laden carrier is seeking to defer contributions as it struggles with liquidity.  ( 26 min )
    Microsoft’s New Corporate AI Products Will Come With A Hefty Price Tag
    (Bloomberg) -- Microsoft Corp. said new corporate artificial intelligence tools that work with Office software, called Microsoft 365 Copilot, will cost $30 per user per month on top of what most business customers already pay.Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanMassive US Oil Caverns Sit Empty and Will Take Years to RefillTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystTokyo Heat Smashes 150-Year Trend as Extreme Weather Bakes Globe  ( 7 min )
    Taylor Swift Hires New General Counsel in Rare Shuffle to Her Top Brass
    The pop star has tapped the lawyer who helped her win a sexual-misconduct case.  ( 26 min )
    Masimo Crashes To Four-Year Low; Why It Could Take 'Months To Regain Footing'
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    Microsoft and Activision were supposed to merge today. Will they hit pause?
    The biggest-ever video game merger that was scheduled to close July 18 still faces some hurdles.  ( 8 min )
    Student loans: A state-by-state look at Biden's $39 billion debt discharge to student borrowers
    The White House released data showing the number of borrowers in each state who were eligible for automatic loan relief under the one-time payment adjustment for income-driven repayment (IDR) plans. We show the map.  ( 6 min )
    Tesla Q2 earnings preview: Margin 'trough,' Cybertruck update in focus
    Following a nuclear-like run-up in Tesla stock, investors are facing another big moment with second quarter earnings on tap after the bell on Wednesday.  ( 8 min )
    Top US firms supplied equipment to keep Russian oil flowing after Ukraine invasion
    Major American providers of oilfield services supplied Russia with millions of dollars in equipment for months after its invasion of Ukraine, helping to sustain a critical part of its economy even as Western nations launched sanctions aimed at starving the Russian war effort. Russia imported more than 5,500 items worth more than $200 million from the top five U.S. firms in the sector — led by SLB, Baker Hughes and Halliburton — in the year following the invasion that began in February 2022. The technology helped keep some of the world’s most challenging oilfields operating in a sector that provided nearly half of Russia’s federal revenues in 2021.  ( 10 min )
    AT&T Stock Rises as Telecommunications Shares Rebound
    Shares of AT&T and other telecommunications stocks rebounded in early trading after falling to multiyear lows yesterday. AT&T, which finished Monday at its lowest close since February 1993, was recently up 2%. Veri  ( 22 min )
    Investors bet the worst is over for Charles Schwab
    The firm lost 31% of its deposits during the second quarter, but its results were largely better than Wall Street expected.  ( 7 min )
    Western Alliance Results Key to Winning Back Skittish Investors
    (Bloomberg) -- Western Alliance Bancorp spent much of this year ensnared in turmoil sparked by a series of regional bank collapses that spooked its investors and attracted short sellers.Most Read from BloombergMassive US Oil Caverns Sit Empty and Will Take Years to RefillSingapore Passport Is World’s Most Powerful, Replacing JapanTokyo Heat Smashes 150-Year Trend as Extreme Weather Bakes GlobeUS Plans Narrow China Tech Investment Limits, Likely by 2024Tesla Investor Rode a 14,800% Gain Thanks to  ( 8 min )
    Carnival upgraded, Norwegian Cruise downgraded: Wall Street's top analyst
    Carnival upgraded, Norwegian Cruise downgraded: Wall Street's top analyst  ( 9 min )
    Blackrock Goes Big on These 2 ‘Strong Buy’ Stocks — Here’s Why You Should Follow
    In the wake of the very encouraging latest inflation report, there’s a sense of renewed optimism on Wall Street. There is growing confidence that the series of interest rate hikes taken by the Fed since March 2022 in its effort to tame inflation is about to come to an end. While that positive development has been hogging the headlines, BlackRock CEO Larry Fink thinks the economy is facing a big issue elsewhere: the US debt is spiraling out of control. In June, for the first time ever, national d  ( 10 min )
    Regional Bank Earnings Are Off to a Rocky Start After PNC Reports
    PNC Financial was the first big regional to report results this morning, in what is expected to be a critical earnings season for banks after several failures this year. Shares of PNC rebounded from pr  ( 23 min )
    Verizon and AT&T Stocks Gain After Historic Selloff. Here’s Why.
    AT&T and Verizon stocks were in the green Tuesday even as uncertainty around the potential cost to clean up lead-covered cables loomed.  ( 26 min )
    $4 Million Bucks Will Buy You This Much Retirement
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    A $1 Million Annuity Will Score You This Much Every Year
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    Lucid board member on EV competition: We're not targeting Tesla
    Former Dow CEO and current Lucid board member Andrew Liveris weighs in on the EV maker's plans.  ( 8 min )
    The Average American Has This Much in Savings by 70. Are You on Track?
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    Does Beneficiary Designation Overrule a Will?
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    Uber Stock Falls After Court Victory for Drivers. Why It’s Bad News for Ride-Sharing Companies.
    The court decision is important not only because it could give drivers more rights to claim expenses, but also because it may open up food delivery and ride-sharing companies to fresh rounds of large-scale class-action lawsuits.  ( 29 min )
    Prologis Boosts Outlook on Record Quarterly Earnings
    The logistics-property giant is building and buying warehouses even as interest rates rise and logistics demand falters.  ( 25 min )
    Warren Buffett Urges Keeping Politics Out Of Investing: 'I Don't Believe In Imposing My Views on 370,000 Employees And A Million Shareholders. I'm Not Their Nanny.'
    With a massive net worth of $114 billion and a reputation as one of the greatest investors in history, Warren Buffett's words carry immense weight in the financial world. At the age of 92, Buffett's wealth of experience makes him a trusted source of advice for many. One particular piece of timeless wisdom he shared years ago resonates strongly today: Politics has no place in the realm of investing. During a 2019 conversation with CNBC’s Becky Quick, Buffett, chairman of Berkshire Hathaway Inc.,  ( 9 min )
    Bank of America’s Bond Losses Widened to $106 Billion in Second Quarter
    The loss on the portfolio, which totals $614 billion, increased by nearly $7 billion relative to the first quarter.  ( 26 min )
    Lockheed Martin Stock Rises After Earnings Beat Estimates
    The jet maker reported adjusted earnings per share of $6.75 from $16.7 billion in sales, Tuesday. Wall Street was looking for $6.45 from $15.9 billion.  ( 26 min )
    Empty Nester? Avoid This Mistake That Retirees Make All The Time
    Saving for retirement is a lifelong undertaking. It involves keeping your retirement goals in mind as you have children, get different jobs and move from place to place. However, a recent study from the Center for Retirement Research at Boston College … Continue reading → The post Empty Nester? This Avoidable Mistake Could Jeopardize Your Retirement appeared first on SmartAsset Blog.  ( 9 min )
    Is There a Limit to How Many Roth Conversions I Can Make?
    Saving for retirement is a top financial priority for many. If you're one of those who has prioritized retirement by opening a Roth 401(k), it's crucial to use the account optimally to build tax-free retirement income. The IRS has raised … Continue reading → The post Roth 401(k) Contribution Limits for 2023 appeared first on SmartAsset Blog.  ( 9 min )
    Forget Tesla’s Earnings. Keep Your Eyes on These.
    Tesla's second-quarter report is coming. Investors will study the electronic-vehicle giant's earnings, but they will be keen to see capacity, among other things.  ( 26 min )
    Inflation Rarely Falls This Fast. What It Means for the Stock Market.
    Falling inflation has helped boost stocks—and could keep the rally going.  ( 26 min )
    Stocks to Watch Tuesday: Bank of America, AT&T, Novartis
    ↘️ Bank of America (BAC): The nation’s second-largest bank reported a 19% rise in quarterly profit and said earning  ( 23 min )
    Cybertruck Rally Triggers Cathie Wood Tesla Stock Dump Ahead Of Q2 Earnings
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    PNC Stock Falls. The Regional Bank’s Revenue Was a Miss.
    PNC Financial Services Group earnings were flat year over year, but came in ahead of expectations.  ( 26 min )
    These Cybersecurity Stocks Outperform To Hit New Highs
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    Nine 'Safer Than AT&T' Stocks Pay The Plumpest, Lead-Free Dividends
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    Charles Schwab Earnings, Revenue Decline but Beat Wall Street Estimates
    Customers have been pulling money from sweep accounts for the past year, forcing Schwab to rely more on costly short-term funding sources.  ( 29 min )
    PNC Financial cuts forecast for net interest income, overshadowing Q2 earnings beat
    Shares of the bank fell nearly 3.5% in premarket trading as it estimated NII to rise 5% to 6% in 2023 from last year, compared to its previous forecast of 6% to 8% growth. The cut in full-year expectations for NII - the difference between the interest banks earn on loans and pay out on deposits - came even as PNC reported a 15% jump in NII to $3.51 billion. The rate increases by the U.S. Federal Reserve to rein in sticky inflation have boosted lenders' income from bigger interest payments, but banks have warned that the higher borrowing costs could soon start to weigh on loan demand.  ( 7 min )
    Morgan Stanley profits drop 14% on Wall Street slump
    Net income for Morgan Stanley fell to its lowest level in more than three years as it struggled with sluggish trading and deal making.  ( 9 min )
    Nvidia, Microsoft, Apple and 4 More Stocks to Play AI. Why Alphabet Misses Out.
    Melius Research started coverage of Nvidia, Microsoft and Apple with Buy ratings on their AI potential but were more skeptical about Google-parent Alphabet.  ( 26 min )
    Bank of America's profits jump 19% on strong Wall Street showing
    The result from the nation's second-largest bank is the latest demonstration of how some of the largest US lenders are thriving as regional rivals struggle.  ( 7 min )
    Analyst Report: Wells Fargo & Co.
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    Elizabeth Warren slams Elon Musk as she asks SEC to probe his conflicts of interest at Twitter and Tesla. ‘Personal wealth does not shield him from basic governance rules’
    She also questioned his close relationships with several Tesla board members and whether the board had failed to act in shareholders’ best interests.  ( 9 min )
    Bank of America Profit Rises 19%
    Bank of America joined the fray with its second-quarter earnings this morning. Here are the highlights: The nation’s second-largest bank earned $7.41 billion, up 19% from $6.25 billion a year earlier. That amounts to 88 cents per share. Analysts expected 84 cents, according to FactSet. Revenu  ( 23 min )
    Bank of America net income jumps 19%, extending the rally for big banks
    Bank of America said its profits grew 19% in its most recent quarter, the latest of the big banks to see its bottom line boosted by higher interest rates. On a per-share basis, BofA earned 88 cents, compared with 73 cents one year ago. Like its major competitors, BofA has benefitted from wealthy clients, businesses and other customers moving deposits to the bank in search of safety after this spring’s bank failures.  ( 7 min )
    Daily Spotlight: Bond Spreads Narrowing
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    Tesla directors agree to return $735 million following claims they were massively overpaid
    Elon Musk, Larry Ellison and other current and former members of Tesla's board of directors will return $735 million to settle claims that they massively overpaid themselves.  ( 7 min )
    Market Digest: NVS, CCL, WFC
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    Daily – Vickers Top Insider Picks for 07/18/2023
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    Daily – Vickers Top Buyers & Sellers for 07/18/2023
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    These Stocks Are Moving the Most Today: Bank of America, Morgan Stanley, Lockheed, Masimo, Novartis, and More
    Bank of America, Morgan Stanley, Charles Schwab, and Lockheed Martin are among companies scheduled to report earnings Tuesday. Novartis rises after boosting its full-year outlook and Masimo tumbles after issuing a weak second-quarter sales forecast.  ( 26 min )
    Bitcoin, Ether, top 10 cryptos fall; SEC accepts Valkyrie’s spot Bitcoin ETF for review
    Bitcoin and Ether both fell below key price levels earlier but returned above as investors remained optimistic after the U.S. Securities and Exchange Commission (SEC) accepted the second Bitcoin exchange-traded fund (ETF) application for review, from asset manager Valkyrie.  ( 7 min )
    Tesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old Analyst
    (Bloomberg) -- Owuraka Koney forms part of an elite group on Wall Street: Those who foresaw Tesla Inc.’s wild growth potential before it even went public.Most Read from BloombergMassive US Oil Caverns Sit Empty and Will Take Years to RefillSingapore House Speaker Resigns in New Blow to Ruling PartyDollar’s Busted Bull Run Has Bears Calling End of an EraRussia Pulls the Plug on Ukraine Grain Export DealUS Plans Narrow China Tech Investment Limits, Likely by 2024Koney was just 25 when he stumbled  ( 12 min )
    Moderna Co-Founder Bought Up This Embattled Biotech Stock
    Flagship Pioneering, an investment vehicle helmed by Noubar Afeyan, a co-founder of Moderna and its chairman, bought $12.5 million of shares of biotech Evelo.  ( 26 min )
    Bank of America Earnings Are Coming. Profit Is Expected to Jump.
    Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 9 min )
    TSMC Q2 earnings seen down 27% y/y, Q3 looks better
    Taiwanese chipmaker TSMC is expected to report a 27% fall in second-quarter net profit on Thursday, as global economic woes dent demand for semiconductors, though analysts say business performance is likely to improve in the current quarter. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple and Nvidia supplier, is likely to report net profit for the April-June period of T$172.53 billion ($5.58 billion), down from T$237.0 billion a year earlier, according to the average of 21 analysts polled by Reuters. The forecast decline in profit partly reflects a robust performance in the previous year, when the company was still riding high on pent-up post-pandemic demand.  ( 7 min )
    Long-feared corporate debt woes start to hit home
    The spectre of rising corporate debt defaults exacerbating a global economic slowdown has for months been largely brushed aside by resilient credit markets. Now, long-feared corporate debt woes are starting to hit home, while more companies are being downgraded to a junk credit rating - facing higher borrowing costs as a result. Retailer Casino, with 6.4 billion euros ($7.19 billion) of net debt, is in court-backed talks with creditors; Britain's Thames Water is in the headlines with its 14 billion pound ($18.32 billion) debt pile.  ( 8 min )
    Wood Says ARK Is ‘Taking Profits’ as It Sells $26 Million in COIN
    The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock.  ( 6 min )
    Dow Jones Futures Fall: Tesla Hits 2023 High On First Austin Cybertruck; AT&T, Verizon Plunge
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  • Open

    Zo'n honderd medewerkers van reorganiserend Philips kunnen door bij ASML
    Chipmachinemaker ASML neemt ongeveer honderd medewerkers van medisch technologiebedrijf Philips over. De werknemers leverden al diensten aan andere bedrijven, waaronder ASML. Zo werkten ze al aan zeer precieze meetinstrumenten van de chipfabrikant. Dat maakt de overstap makkelijk.  ( 3 min )
    Storing bij Rabobank voorbij: klanten kunnen weer geld overmaken
    De storing bij de Rabobank is voorbij, meldt de bank op Twitter. Door de storing, die dinsdag rond het middaguur voor het eerst werd gemeld, konden klanten geen transacties afronden en dus geen geld overboeken.  ( 3 min )
    Appelbloesemkever zorgt dit jaar mogelijk voor lagere oogst
    De appel- en perenoogst in ons land zal dit jaar kleiner zijn dan in 2022. De verwachting is dat er 207 miljoen kilo appels en 341 miljoen kilo peren worden geplukt.  ( 3 min )
    Ex-Nissan-baas eist 1 miljard dollar compensatie, maar is niet uit op wraak
    Voormalig Nissan-topman Carlos Ghosn is met zijn rechtszaak tegen de Japanse autofabrikant niet uit op wraak. Het is volgens hem een poging de mensen die tegen hem samenspanden ter verantwoording te roepen.  ( 4 min )
    NU+ | Failliet VanMoof deed alles zelf, behalve winst maken
    Met een opvallend design, technische snufjes en gelikte marketing wist VanMoof de e-bike sexy te maken. Maar de fietsen gingen vaak kapot en waren voor velen te duur door de unieke onderdelen. Dat deed het bedrijf de das om.  ( 4 min )
    Oud-Nissan-topman Ghosn is niet uit op wraak
    Voormalig Nissan-topman Carlos Ghosn is met zijn rechtszaak tegen de Japanse autofabrikant niet uit op wraak. Het is volgens hem een poging de mensen die tegen hem samenspanden ter verantwoording te roepen.  ( 3 min )
    Koersval Turkse munt zet door, euro breekt door grens van 30 lira
    De Turkse lira heeft dinsdag een nieuw dieptepunt bereikt ten opzichte van de euro en de dollar. Daarmee zet de vrije val van de Turkse munt sinds de verkiezingen van 28 mei onverminderd door.  ( 3 min )
    Koersval Turkse munt zet door, euro breekt door 30-lira grens
    De Turkse lira heeft dinsdag een nieuw dieptepunt bereikt ten opzichte van de euro en de dollar. Daarmee zet de vrije val van de Turkse munt sinds de verkiezingen van 28 mei onverminderd door.  ( 3 min )
    Kledingwinkel Score wacht nog op doorstart, wel koper voor CHASIN'
    De curator van Score is nog in onderhandeling met partijen die de kledingwinkels willen doorzetten. De keten ging in juni failliet. Het spijkerbroekenmerk CHASIN' van Score heeft al wel een nieuwe eigenaar.  ( 3 min )
    Klanten Rabobank kunnen geen geld overmaken door technisch probleem
    Rabobank heeft dinsdag te maken met een storing, waardoor klanten geen overboekingen kunnen doen. De bank werkt aan een oplossing.  ( 3 min )
    Zorgtoeslag blijft liggen: een op tien mensen vraagt 'm niet aan
    Dit weekend kregen twintigduizend mensen een brief van Dienst Toeslagen. Daarin staat dat ze wel recht hebben op zorgtoeslag, terwijl ze die niet aanvragen. Nog steeds vraagt een op de tien huishoudens die recht hebben op zorgtoeslag die niet aan.  ( 4 min )
    Brusselse supermarkten moeten voedsel dat over is verplicht doneren
    Brusselse supermarkten moeten in 2024 voedsel dat bijna over datum raakt, doneren aan de voedselhulp. Daar worden ze toe verplicht door een besluit van de Brusselse regionale overheid.  ( 3 min )
    Bakkers vrezen nog geen rijzende broodprijzen door einde graandeal
    Bakkers verwachten op korte termijn geen flinke prijsstijgingen van brood nu de deal over de export van graan uit Oekraïne via de Zwarte Zee is verlopen. Dat komt vooral doordat ze werken met langetermijncontracten.  ( 3 min )
    Frankrijk wil terug naar normaal, dus wordt energie 10 procent duurder
    Frankrijk gaat door de overheid gereguleerde energieprijzen in augustus 10 procent verhogen. Het land wil in stapjes terug naar normale prijzen. Een overheidscommissie dacht er eerst nog over de prijzen met bijna 75 procent te verhogen.  ( 3 min )
    Kunstmatige intelligentie weert te jong lijkende modellen uit alcoholreclame
    Kunstmatige intelligentie (AI) gaat de leeftijd van modellen in alcoholreclames vanaf nu scherper in de gaten houden. Het gaat dan niet om de echte leeftijd, maar om hoe oud de modellen ogen. In juni haalde Heineken nog posters weg omdat modellen te jong leken.  ( 4 min )
    Big Bazar moet vestigingen sluiten door huurachterstanden
    Big Bazar moet enkele winkels in Noord-Holland sluiten omdat de winkelketen de huur niet meer kon betalen. Daarover bericht RTL Nieuws. Bij meerdere verhuurders heeft Big Bazar huurachterstanden.  ( 3 min )
    Te jong lijkende modellen worden met AI uit alcoholreclame geweerd
    Kunstmatige intelligentie (AI) gaat de leeftijd van modellen in alcoholreclames vanaf nu scherper in de gaten houden. Het gaat dan niet om de echte leeftijd, maar om hoe oud de modellen ogen. In juni haalde Heineken nog posters weg omdat modellen te jong leken.  ( 3 min )
    Fietsenfabrikant VanMoof failliet verklaard, klanten in onzekerheid
    De bekritiseerde fietsenfabrikant VanMoof is dinsdag failliet verklaard door de Amsterdamse rechtbank. Vorige week kreeg VanMoof al uitstel van betaling, werd een verkoopstop aangekondigd en sloten de winkels. Klanten wacht nu een onzekere periode.  ( 5 min )
    Huizenprijzen dalen ook in 2024, verwacht ABN AMRO
    Het aantal woningverkopen neemt dit en volgend jaar af en ook de huizenprijs zal tot 2024 blijven dalen. Dat verwachten economen van ABN AMRO. Volgens de bank duurt het even voordat huizen door loonstijgingen weer betaalbaarder worden.  ( 3 min )
    NU+ | Risico's van AI komen voor het eerst ter sprake in de VN-Veiligheidsraad
    Door de snelle opkomst van kunstmatige intelligentie met programma's als ChatGPT en Midjourney moeten ook de risico's in kaart worden gebracht. Dinsdag komt de Veiligheidsraad van de Verenigde Naties voor het eerst bij elkaar om daarover te praten.  ( 3 min )
    Flitsbezorgers houden zich met moeite staande op lastige Nederlandse markt
    Flitsbezorgers hebben grote moeite om zich staande te houden op de Nederlandse markt. De kosten en levertijden lopen op en consumenten zijn steeds meer kwijt aan hun boodschappen.  ( 4 min )

  • Open

    Meta Faces Weight Cut in Nasdaq 100’s Special Rebalance
    (Bloomberg) -- When a “special rebalance” of the Nasdaq 100 Index was touched off to curb the dominance of the biggest technology stocks, Meta Platforms Inc. was the only megacap to fall below a crucial threshold for downsizing. Now it seems the social media giant will be pared back anyway. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraSingapore House Speaker Resigns in New Blow to Ruling PartyMassive US Oil Caverns Sit Empty and Will Take Years to RefillRussia  ( 8 min )
    Microsoft-Activision Deal Poised to Close Later Than Planned
    (Bloomberg) -- Microsoft Corp. and Activision Blizzard Inc. are nearing the finish line on their $69 billion deal, but aren’t likely to close it by a Tuesday deadline, people familiar with the deal said. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraMassive US Oil Caverns Sit Empty and Will Take Years to RefillSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Pulls the Plug on Ukraine Grain Export DealRussia Derails Danone, Carlsberg Exits by Sei  ( 8 min )
    AT&T Shares Fall to Lowest Price Since 1993
    Telecom stocks continue slide after WSJ investigation into toxic lead cables.  ( 25 min )
    US home prices are nearing new record highs as inventory drops to all-time low
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    Berkshire Cuts Activision Stake by 70% to 14.6 Million Shares as Deal Near
    Berkshire Hathaway, led by CEO Warren Buffett, had invested in videogame maker Activision to capture the arbitrage spread.  ( 26 min )
    Cathie Wood Says ARK Has Moved Beyond Nvidia as ‘Obvious’ AI Buy
    (Bloomberg) -- Cathie Wood said Nvidia Corp. is now an “obvious” artificial intelligence bet, and she’s buying up shares of other companies that can capture more upside from the potentially transformative technology. Most Read from BloombergMassive US Oil Caverns Sit Empty and Will Take Years to RefillSingapore House Speaker Resigns in New Blow to Ruling PartyDollar’s Busted Bull Run Has Bears Calling End of an EraRussia Pulls the Plug on Ukraine Grain Export DealYellen Says China Slowdown Risks  ( 7 min )
    Lockheed Reports Earnings Tuesday. The F-35 Looms Large.
    Wall Street expects earnings per share of $6.45 from $15.9 billion in sales. The defense company reported $6.43 in EPS and $15.1 billion in sales in the first quarter.  ( 26 min )
    Meme stocks are rallying again – and that's bad news for the market
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    This Yield Curve Inversion Is ‘Different,’ Goldman Sachs Says
    (Bloomberg) -- While the deeply inverted yield curve has stoked anxiety among investors about the prospect of a recession, Goldman Sachs Group Inc. has a different message: stop worrying about it. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraSingapore House Speaker Resigns in New Blow to Ruling PartyMassive US Oil Caverns Sit Empty and Will Take Years to RefillRussia Pulls the Plug on Ukraine Grain Export DealRussia Derails Danone, Carlsberg Exits by Seizing As  ( 7 min )
    US sues 'consent farm' operator for 'massive' telemarketing deception
    The U.S. government on Monday sued a New York-based company for allegedly operating a so-called "massive 'consent farm' enterprise" to trick nearly 1 million people a day into providing personal information and consent to receive telemarketing calls. Fluent LLC was accused of having since 2011 used deceptive ads and websites to promise free rewards, including from familiar brands such as Amazon and Walmart, that were impossible to obtain, and interviews for jobs that did not exist. The Department of Justice and Federal Trade Commission said Fluent's true purpose was to sell "leads" to telemarketers that later inundated consumers with robocalls, texts and emails about auto warranties, debt reduction, for-profit education, pain cream, solar energy and other products and services.  ( 6 min )
    CrowdStrike Is IBD Stock Of The Day As It Prepares Move Into AI
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    Dow Jones Up, Tesla Pops As Elon Musk Gets Targeted; 3 Warren Buffett Stocks Are Near Buy Points
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    Chip Demand Is Softening. Wait to Buy TSMC Stock.
    A TD Cowen analyst reaffirmed his Market Perform rating for TSMC stock and reiterated his price forecast of $85 for its American depositary receipts.  ( 26 min )
    Bank of America Earnings Are Coming. Profit Is Expected to Jump.
    Wall Street is expecting Bank of America’s profit to increase by 11% to $6.9 billion compared with the year-ago quarter.  ( 26 min )
    AT&T, Verizon stocks plunge as concerns mount over lead cables
    A report that found that lead-covered cables are contaminating parts of the country is a new risk for telecom stocks.  ( 7 min )
    The Youngest-Ever Harvard Law Graduate Earned Over $100 Million From An Unknown Tech Company — More Than Apple CEO Tim Cook
    Kiwi Camara, CEO of Austin-based legal technology firm CS Disco Inc., is one of the few executives who can claim a compensation package surpassing that of Apple Inc. CEO Tim Cook. While Cook is expected to face a pay cut this year of around 40%, following shareholder guidance and his own recommendation, his compensation for fiscal 2022 reached $99.4 million, as disclosed in Securities and Exchange Commission filings. Don’t Miss: Until 2016 it was illegal for retail investors to invest in high-gr  ( 8 min )
    Costco Profits Pop As Big Box Retail Giant Nears Buy Point
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    'Rich Dad Poor Dad' author warns of a massive crash in stocks - and fears the US economy will crater
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    Bank of America’s Huge Bond Losses Could Widen in Second Quarter
    The losses, which totaled $99 billion at the end of the first quarter, have weighed on its stock.  ( 29 min )
    Tesla Board to Return $735 Million in Stock Awards to End Suit Over Pay Packages
    (Bloomberg) -- Tesla Inc. directors, including co-founder Elon Musk, agreed to return more than $735 million in stock awards to settle an investor lawsuit accusing board members of improperly giving themselves massive compensation packages.Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Derails Danone, Carlsberg Exits by Seizing AssetsRussia Pulls the Plug on Ukraine Grain Export DealYellen Says Chi  ( 7 min )
    United Airlines, American Airlines Earnings Due. Is The Airlines Rally Over?
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    Stocks will hit a record high by the end of 2024 as the bull market that began in October rages on, veteran market watcher says
    A "disinflationary soft landing" will send the S&P 500 to a record high between 4,800 and 5,400 over the next 18 months, the veteran market watcher says.  ( 9 min )
    Dow Jones Industrial Giant Caterpillar, 3 Other Top Stocks To Buy And Watch
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    AT&T stock hits three-decade low as lead cables risk weighs
    Shares of AT&T Inc fell more than 5% to hit their lowest level in thirty years on Monday, after analysts downgraded the stock following a news report that the telecommunications giant left toxic lead cables buried across the United States. A Wall Street Journal report on July 9 named AT&T and Verizon among several telecom giants that abandoned a sprawling network of underground toxic lead cables, with a huge number of them possibly contaminating neighboring soil and drinking water sources. Analysts at Citigroup and JPMorgan both lowered their recommendations on AT&T shares in recent days.  ( 7 min )
    Ford Tumbles Amid Potential Threat To Lightning EV; This Emerging Car Stock Soars
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    Analyst Report: State Street Corp.
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    BridgeBio Launches 80% And Pulls Its Rivals Higher On Bullish Heart Drug News
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    China Evergrande Posts Losses of $81 Billion Over Two Years
    (Bloomberg) -- China Evergrande Group posted combined losses of more than $81 billion over two years as the world’s most-indebted developer releases its long-delayed results in a bid to resume stock trading.Most Read from BloombergSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Derails Danone, Carlsberg Exits by Seizing AssetsRussia Pulls the Plug on Ukraine Grain Export DealIsrael Quietly Embeds AI Systems in Deadly Military OperationsYellen Says China Slowdown Risks Spillover  ( 7 min )
    ‘We definitely think the office sector is crashing’: Inside an economist’s stunning prediction of a 35% price decline in 3 years and slow 17-year recovery
    “The realization that the market needs to reprice substantially has driven us to make a big downgrade in our forecast,” says Capital Economics' Kiran Raichura.  ( 11 min )
    Rothschild Tussles Over 1980s Bond as Holders Chase Payout
    (Bloomberg) -- Rothschild & Co. is facing pressure from some bondholders who want the bank to repurchase a deeply discounted bond sold almost 40 years ago.Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraMassive US Oil Caverns Sit Empty and Will Take Years to RefillSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Pulls the Plug on Ukraine Grain Export DealRussia Derails Danone, Carlsberg Exits by Seizing AssetsThe notes, known in the industry as di  ( 7 min )
    Disney Stock Is Approaching a 52-Week Low
    Shares of the entertainment company have struggled as investors have worried about the Hollywood strikes, among other factors.  ( 26 min )
    Ryan Reynolds And Rob McElhenney Used Only Their Fame And Star Power For The $218 Million Alpine F1 Racing Deal – None Of Their Own Money Invested
    Hollywood actors Ryan Reynolds and Rob McElhenney have reportedly acquired a stake in the Alpine Formula One team as part of a $218 million deal without putting in any of their own money. According to The Mail, Reynolds and McElhenney agreed to join a consortium that purchased a 24% stake in the team, which is now valued at around $900 million following the investment. The consortium includes American investment firms Otro Capital and RedBird Capital Partners. Reynolds and McElhenney are expecte  ( 8 min )
    Rivian Stock Is Slipping. Competition Is Heating Up.
    Tesla's Cybertruck, Ford's F-150, and even perhaps GM's Chevy Silverado are weighing on shares of electric-truck maker Rivian in early trading Monday.  ( 29 min )
    Tesla Stock Rises; Ford Shares Fall
    Shares of Tesla rose to start the week, putting the electric-vehicle maker's shares among the S&P 500's top advancers in morning trading. Tesla stock was recently up 1.7%. The move follows the news that the company built [its first Cybertruck](https://www.wsj.com/articles/tesla-begins-cybertruck-pr  ( 22 min )
    Americans Have Quietly Deleveraged. It May Explain the Economy’s Resilience.
    If the Federal Reserve has pulled off a soft landing, it may be due to shifts in the composition of U.S. debt since 2008, writes Larry Hatheway.  ( 50 min )
    The Shale Industry Is Dropping Drilling Rigs, Fast
    Smaller fracking companies are feeling the pinch of inflation, lower oil and gas prices, and fewer prime drilling spots.  ( 26 min )
    Dow Jones Falls, Tesla Stock Jumps As First Austin Cybertruck Arrives
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    Cybertruck Smokescreen? Analysts Ring Warning Bells On Tesla Margins
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    Argenx Catapults 27% To Record High As It Edges Closer To A New Multibillion-Dollar Market
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    Can I Pay For Nursing Home Care With Social Security?
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    Ask an Advisor: I'm Over Age 72. How Do I Avoid the RMD Tax Bite?
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    Lead-Sheathing Issue Could Put Telecom Stocks In The Doghouse For Decades
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    Survey: Nearly 80% of Americans Don't Want The Retirement Age Raised
    There's a reason that Social Security is called "the third rail of American politics" – as in, touch it and die. Most Americans – especially seniors – are fiercely protective when it comes to their retirement benefits. A financial advisor … Continue reading → The post Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security appeared first on SmartAsset Blog.  ( 8 min )
    Too Many Americans Are Making This Retirement Mistake
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    Giant banks paid more for deposits in Q2. That's bad news for small lenders.
    Some regional banks that begin reporting their second-quarter results this week are expected to revise down their estimates of a key measure of profitability.  ( 10 min )
    Ask an Advisor: ‘I Am Giving Away 25% of My Return.' Why Does a Financial Advisor Earn a 1% Fee, Even in a Bear Market?
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    The Generation That's Most Likely to Experience Financial Hardship, According to Edward Jones
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    Is It Possible to (Legally) Deposit a Check For Someone Else?
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    For Clues About Carvana’s Future, Look to Its Past
    Struggling used-car dealer’s shares are hot, but business sags and investors worry about the family’s plans.  ( 25 min )
    Cathie Wood, ARK Invest Sell $50 Million In Coinbase Stock On Ripple Lawsuit Rally
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    AT&T Stock Tumbles to a 29-Year Low. It Just Got Downgraded Again.
    Citi analyst lowered his rating on AT&T stock to Neutral/High Risk from Buy following a similar downgrade by J.P. Morgan.  ( 26 min )
    Dow Jones Futures Fall As This Market Risk Builds; Tesla Rises On Cybertruck News
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    Nvidia Is Dominant in AI Chips. Forget About the Competition, Citi Says.
    Citi analysts raised their target price on Nvidia to $520 from $420 previously, arguing it can keep a 90% market share in AI chips.  ( 29 min )
    Weekly Stock List
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    Daily Spotlight: Global Stocks Priced at Discount to U.S. Stocks
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    Technical Assessment: Bearish in the Intermediate-Term
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    Analyst Report: Citigroup Inc
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    5 Things to Know Before Markets Open
    The first Tesla Cybertruck rolled off the production line in Texas and Microsoft reached a deal with Sony that keeps Call of Duty on PlayStation as the company continues to work toward its merger with Activision. Here’s what investors need to know today.  ( 19 min )
    Daily – Vickers Top Buyers & Sellers for 07/17/2023
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    Daily – Vickers Top Insider Picks for 07/17/2023
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    Shark Tank’s Barbara Corcoran thinks you shouldn’t ‘have to work your buns off to get rich,’ saying the thought never crossed her mind
    It turns out younger male employees might be coming around to Corcoran's way of thinking.  ( 7 min )
    Want to Leave Assets to Heirs? IRS Rule Change Should Have You Rethinking Your Irrevocable Trust
    Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend. The rule, published at the end of March, changes how the step-up in basis applies to assets held in an irrevocable trust. If you need help interpreting the IRS rule change or setting […] The post Want to Leave Assets to Heirs? IRS Rule Change Should Have You Rethinking Your Irrevocable Trust appeared first on SmartReads CMS - SmartAsset.  ( 7 min )
    Stocks open mixed with China GDP miss, earnings in focus: Stock market news today
    Stocks opened mixed in muted action Monday as China's economy continued to falter and with more earnings reports ahead.  ( 7 min )
    Stocks muted with China GDP miss, earnings in focus: Stock market news today
    Stock futures struggled for momentum ahead of the bell Monday after more signs that China's economic recovery is still lagging, as investors got set for a busy week of earnings reports.  ( 7 min )
    Cava—‘the Next Chipotle’—Faces a Tall Order
    Comparisons to the fast casual dining juggernaut look stretched aside from a hot IPO.  ( 25 min )
    Oil Bulls are Getting it All Wrong, Wall Street Veteran Warns
    (Bloomberg) -- Oil bulls moving back into the market are making a big mistake, according to one of Wall Street’s most prominent forecasters.Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Derails Danone, Carlsberg Exits by Seizing AssetsIsrael Quietly Embeds AI Systems in Deadly Military OperationsUkraine Grain-Export Deal Collapses as Russia Terminates ItCrude futures jumped above $80 a barrel in L  ( 6 min )
    Netflix shielded from Hollywood strike by global crew, strong pipeline
    Netflix investors will assess risks from the ongoing strike in Hollywood when the company reports quarterly results on Wednesday, but analysts said it was well positioned due to its solid pipeline of shows and international production crew. Striking Hollywood actors have joined film and television writers on picket lines, forcing U.S. studios to shutter productions as workers battle over pay in the streaming TV era. Some of the people on strike are also picketing the Netflix offices in Los Angeles.  ( 8 min )
    Tesla discounts set to power quarterly revenue growth, hit profit
    Tesla's strategy to boost sales through price cuts is likely to have powered its strongest revenue growth in five quarters while dragging down margins to a three-year low in the April-June period. The Elon Musk-led electric-vehicle maker has since late last year launched a price war to stoke demand and quell competition from legacy automakers such as Ford Motor and Chinese rivals including BYD. Tesla's earnings on Wednesday are expected to show its gross profit margin declined to 18.9% in the second quarter, according to 19 analysts polled by Visible Alpha.  ( 8 min )
    Microsoft Strikes Deal With Sony Over ‘Call of Duty.’ Activision Stock Rises.
    Microsoft signs an agreement to keep the 'Call of Duty' videogame franchise on Sony’s PlayStation consoles following Microsoft's acquisition of Activision.  ( 29 min )
    Here's the secret to investing success this earnings season: Morning Brief
    Feel out a company's culture this earnings season. It could be a worthwhile exercise down the line.  ( 8 min )
    Regional Banks Battle for Deposits With Tougher US Rules Looming
    (Bloomberg) -- The biggest US banks are facing tougher competition for deposits and shelling out more to keep them. That doesn’t bode well for their smaller peers. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Derails Danone, Carlsberg Exits by Seizing AssetsIsrael Quietly Embeds AI Systems in Deadly Military OperationsUPS Union Asks Biden Not to Intervene in Case of StrikeAmerica’s regional lende  ( 9 min )
    These Stocks Are Moving the Most Today: Tesla, United Airlines, Microsoft, Activision, and More
    Tesla's first Cybertruck rolls off the assembly line, and United Airlines and its pilots reach a contract agreement. Both Tesla and United also report earnings this week as do Bank of America, Morgan Stanley, Goldman Sachs, and Netflix.  ( 27 min )
    Tesla Stock Rises as First Cybertruck Arrives. Why Margins Are Key.
    Tesla announced over the weekend that the first Cybertruck had been built at the company’s factory in Texas.  ( 26 min )
    Cathie Wood's ARK Sells Another $50.5M Coinbase Shares
    Cathie Wood's ARK Invest sold another $50.5 million worth of Coinbase (COIN) shares on July 14 to cash in on the recent rally in the cryptocurrency exchange stock. The tech-focused investment manager owns over 10.5 million shares in Coinbase making it one of the largest holders of the stock. Coinbase shares recently rose to a one-year high of $107 after the exchange announced surveillance-sharing agreements with five spot bitcoin exchange-traded fund applicants, which may prove to be the breakthrough in the Securities and Exchange Commission (SEC) finally approving such a fund to be listed in the U.S.  ( 6 min )
    Richemont Drops on Signs Luxury Demand Is Weakening in US, China
    (Bloomberg) -- Richemont shares declined after the Swiss luxury-goods maker reported an unexpected decline in sales from the Americas, raising concern over how weak the US market might get. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraIsrael Quietly Embeds AI Systems in Deadly Military OperationsRussia Takes Temporary Control of Danone, Carlsberg AssetsUPS Union Asks Biden Not to Intervene in Case of StrikeHistory Says It’s Time to Buy Long-Term Bonds as Peak R  ( 7 min )
    Casino Bidder Kretinsky Wins as Rival Investor Group Drops
    (Bloomberg) -- Czech billionaire Daniel Kretinsky is set to take control of Casino Guichard Perrachon SA after a trio of French businessmen led by telecommunications investor Xavier Niel pulled out of the race for the troubled grocer. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraIsrael Quietly Embeds AI Systems in Deadly Military OperationsRussia Takes Temporary Control of Danone, Carlsberg AssetsUPS Union Asks Biden Not to Intervene in Case of StrikeHistory Sa  ( 8 min )
    Global rules leave crypto firms with no place to hide, says G20 watchdog
    Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen at FTX exchange and other crypto casualties, the G20's Financial Stability Board said on Monday. The FSB published on Monday final recommendations requested by the G20 on supervising firms that trade cryptoassets such as bitcoin. "As recent events have illustrated, if linkages to traditional finance were to grow further, spillovers from cryptoasset markets into the broader financial system could increase," the FSB said.  ( 6 min )
    4 big analyst cuts: AT&T hit with 2 back-to-back downgrades
    Here is your Pro Recap of the biggest analyst cuts you may have missed since Friday: downgrades at AT&T, Twilio, PepsiCo, and Telus International. AT&T (NYSE:T) was recently down some 1.7% pre-market Monday after Citi downgraded the company to Neutral from Buy and cut its price target to $16.00 from $22.00 - and also designated it "High-Risk." Citi said that while it has "an opportunity to sustain positive revenue growth, improve margins and FCF, and find valuation support near current level," it also believes AT&T "could incur possible future liabilities and financial risk from the industry’s historical use of lead sheathed cabling."  ( 8 min )
    4 big analyst picks: Microsoft upgraded to Buy on Cloud & AI
    Here is your Pro Recap of the biggest analyst picks you may have missed since Friday: upgrades at Microsoft, Plug Power, Baidu, and General Mills. UBS upgraded Microsoft (NASDAQ:MSFT) to Buy from Neutral and raised its price target to $400.00 from $345.00 given evidence of stabilizing cloud infrastructure spending, positive near-term AI catalysts, and an attractive valuation.  ( 7 min )
    SEC accepts BlackRock’s Bitcoin ETF application for review
    The U.S. SEC has accepted BlackRock’s application for a spot Bitcoin ETF, a major step for the potential launch of the country’s first spot Bitcoin ETF.  ( 7 min )
    Evergrande's overdue results to show steep losses, market eyes liquidity update
    China Evergrande Group, the world's most indebted property developer, is expected to post on Monday significant losses in its long overdue results for 2021 and 2022 - numbers the market will scour for updates on the company's liquidity. After announcing an offshore debt restructuring plan in March, it is now garnering support to complete the process. With about $300 billion of total liabilities, Evergrande's debt problem has rippled through China's property sector, a pillar of the world's second-largest economy, leading to a string of defaults and uncompleted homes in the country.  ( 7 min )
    Stock market today: Asian shares mostly lower after China reports weaker than expected growth in 2Q
    Asian shares were mostly lower on Monday after China reported weaker growth than forecast in the last quarter. Markets in Japan were closed for a holiday and Hong Kong’s market closed due to a typhoon. U.S. futures and crude oil prices were lower. The Shanghai Composite index dropped 1.2% to 3,199.17 after China reported its economy grew at a 6.3% annual pace in April-June.  ( 9 min )
    US working with India on platform to speed energy transition - Yellen
    The United States is working with India to develop an investment platform to lower the cost of capital and increase private investment to fast-track India's energy transition, U.S. Treasury Secretary Janet Yellen said on Monday. "We are close to reaching an agreement on the global minimum tax system," said Yellen, after a bi-lateral meeting with India's finance minister Nirmala Sitharaman on the sidelines of a G20 meeting.  ( 6 min )
    Why Vodafone’s megamerger could have a 3.9% problem
    News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )
    Telecom Italia Once Tried to Buy Apple, Now It Is in Trouble. Here’s Why
    (Bloomberg) -- It’s not a misprint. Telecom Italia SpA, Italy’s beleaguered former telephone monopoly, once pitched a plan to buy Apple Inc. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraIsrael Quietly Embeds AI Systems in Deadly Military OperationsRussia Takes ‘Temporary’ Control of Danone, Carlsberg AssetsHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearUS Homeowners Are Tapping $9 Trillion in Real Estate WealthAbout 25 years ago a group of exec  ( 11 min )
    China’s Growth Disappoints, Fueling Calls for More Stimulus
    (Bloomberg) -- China’s economy grew slower than expected in the second quarter, with consumer spending easing notably in June, sounding more alarm bells about the recovery. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraIsrael Quietly Embeds AI Systems in Deadly Military OperationsRussia Takes ‘Temporary’ Control of Danone, Carlsberg AssetsHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearUS Homeowners Are Tapping $9 Trillion in Real Estate WealthGr  ( 6 min )
    China's Q2 GDP growth slows to 0.8% q/q, raises stimulus expectations
    China's economy grew at a frail pace in the second quarter, although the annual figure was flattered by base effects, data showed on Monday, with overall momentum faltering rapidly due to weakening demand at home and abroad. Gross domestic product (GDP) grew just 0.8% in April-June from the previous quarter, data released by the National Bureau of Statistics showed, versus analysts' expectations in a Reuters poll for a 0.5% increase and compared with a 2.2% expansion in the first quarter. On a year-on-year basis, GDP expanded 6.3% in the second quarter, accelerating from 4.5% in the first three months of the year, but the rate was below the forecast for growth of 7.3%.  ( 7 min )
    Asia Stocks Fall on Inflation Concerns, China GDP: Markets Wrap
    (Bloomberg) -- Asian shares face headwinds Monday after the rally in US bonds and stocks hit a wall Friday amid concern that the Federal Reserve can’t claim victory over inflation yet.Most Read from BloombergDollar’s Busted Bull Run Has Doomsayers Calling End of an EraIsrael Quietly Embeds AI Systems in Deadly Military OperationsUS Homeowners Are Tapping $9 Trillion in Real Estate WealthHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearOil Surge to $80 Shows Long-Awaited Market Tig  ( 8 min )
    China's June industrial output rises 4.4%, retail sales up 3.1%
    China's industrial output grew 4.4% in June from a year earlier, unexpectedly accelerating from 3.5% seen in May, but demand remains lukewarm amid a bumpy post-COVID economic recovery. The data released by the National Bureau of Statistics (NBS) on Monday came above expectations for a 2.7% increase in a Reuters poll of analysts. China's post-pandemic economic recovery has slowed sharply after a brisk start in the first quarter, with the central bank pledging more support to boost activity and consumer and business confidence.  ( 5 min )
    Bitcoin dips over weekend, other top 10 cryptos mixed; US stock futures edge down
    Bitcoin rose to trade at over US$30,300 on Monday morning in Asia, but the price fell over the weekend to around the pre-Ripple ruling level.  ( 8 min )
    Oil slips after Libya resumes output, China data eyed
    Oil prices dipped for a second session on Monday after Libya resumed production over the weekend while China, the world's largest crude importer, is expected to release economic data showing that its post-pandemic recovery is fizzling out. Brent crude futures fell 57 cents, or 0.7%, to $79.30 a barrel by 0055 GMT while U.S. West Texas Intermediate crude was at $74.90 a barrel, down 52 cents, or 0.7%. Prices softened after both benchmarks last week notched a third straight week of gains and touched their highest levels since April when output was shut at oilfields in Libya and Shell halted exports of a Nigerian crude, tightening supply.  ( 7 min )
    Dollar licks wounds as China data looms
    A bruised dollar took respite on Monday after suffering its worst weekly drop of the year, as traders waited on economic data and policy decisions before selling it down any further. Hikes are expected from the Federal Reserve and European Central Bank next week, but beyond that market pricing implies the Fed will likely stop, before cuts next year, while in Europe another hike probably beckons.  ( 7 min )
    Asia shares slip as China data underwhelms
    Asian shares got off to a subdued start on Monday as markets braced for a raft of Chinese economic data that could well underwhelm, while earnings season picks up steam with Tesla on the docket. The risk of even softer outcomes kept MSCI's broadest index of Asia-Pacific shares outside Japan down 0.2%, though that follows a 5.6% rally last week. Japan's Nikkei was closed for a holiday, though futures were trading near flat.  ( 8 min )
    Elon Musk Should Focus on Tesla as EV Rivals Pounce, Investors Say
    (Bloomberg) -- Right on cue, Tesla Inc. skeptics are pushing back after this year's sizzling $500 billion rally.Most Read from BloombergDollar’s Busted Bull Run Has Doomsayers Calling End of an EraIsrael Quietly Embeds AI Systems in Deadly Military OperationsUS Homeowners Are Tapping $9 Trillion in Real Estate WealthHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearOil Surge to $80 Shows Long-Awaited Market Tightening Is HereRival automakers pouncing on booming demand for electric  ( 9 min )
  • Open

    Is It Legal to Invest My Student Loan Money?
    Investing student loan money is a legal and moral gray area, which can cause financial challenges.  ( 19 min )
    Special Financing Definition
    Special financing is a lending option in the auto sales industry that can be offered to borrowers who have issues with their credit history.  ( 18 min )
    Personal Loan Rates & Trends, Week of July 17: Rates Ease
    Personal loan rates dropped back this week to 20.56%, losing 16 basis points since last week when the average personal loan rate sat at 20.72%.  ( 18 min )
    College Savings Accounts: U.S. vs. Canada
    Saving for an education can differ from between countries. Here is a comparison of college savings accounts available in the U.S. and Canada.  ( 22 min )
    Top CD Rates Today, July 17, 2023
    See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )
    S&P 500 Gains & Losses Today: Solar Stocks Jump After First Solar Deal
    The S&P 500 gained 0.4% on Monday, July 17, 2023, ahead of more key corporate earnings set to be released this week.  ( 17 min )
    Home Prices Near Record Highs as Supply Drops, Redfin Says
    With few homes available for sale, house hunters are driving up prices as they acclimate to higher mortgage rates.  ( 17 min )
    Home Sales to Slow, Prices to Fall, Says Realtor.com
    Heading into the second half of 2023, the U.S. housing market has yet to see the typical spring and summer boom, as limited inventory and high borrowing costs dampen the market.  ( 18 min )
    A Guide to ETF Liquidation
    There are a lot of ETF options, but not all have staying power. Learn what happens when an ETF fails.  ( 18 min )
    Bond Coupon Interest Rate: How It Affects Price
    Find out why the difference between the coupon interest rate on a bond and prevailing market interest rates has a large impact on how bonds are priced.  ( 22 min )
    Is Student Loan Debt the Next Financial Crisis?
    The student loan system is in desperate need of reform as graduates struggle to find work and pay off their student loans. Learn about changes that can help.  ( 24 min )
    First Solar Shares Soar After Deal With Energix Renewables
    Shares of First Solar surged on Monday after agreeing to provide solar modules to Israel-based renewable energy firm Energix Renewables.  ( 16 min )
    ICE and Black Knight Sell Optimal Blue Business to Comply With Regulator Concerns
    ICE and Black Knight are selling Black Knight's Optimal Blue business to comply with regulatory concerns about ICE's purchase of Black Knight.  ( 16 min )
    How to Determine Mutual Fund Pricing
    The easiest way to find out the price of a mutual fund is to look at its net asset value (NAV). For most mutual funds, the NAV is calculated daily.  ( 19 min )
    Fidelity CD Rates: July 2023
    Certificates of deposit (CDs) can be a great financial tool to get a guaranteed return on your investment. Compare Fidelity CD rates and see if they are right for you.  ( 20 min )
    5 Economic Reports That Affect the Euro
    Reports that affect the FX market and euro trading include the HICP, economic surveys, and the ECB press releases.  ( 21 min )
    Meta’s Threads Faces Lawmaker Scrutiny Shortly After Launch
    Meta Platforms' Threads is under scrutiny from Congressional lawmakers less than two weeks after its launch, amid an ongoing investigation of big tech companies’ policies and practices.  ( 17 min )
    How Corruption Affects Emerging Economies
    Corruption results in inefficiencies in the operations of emerging economies and prevents such economies from reaching the maximum level of development.  ( 23 min )
    Car Insurance for Transgender and Nonbinary People
    Gender often plays a role in how car insurance companies determine rates, which can impact transgender and nonbinary people. Learn more about how insurance for this group works.  ( 24 min )
    Personal Loans vs. Car Loans: What's the Difference?
    Personal loans and car loans have similarities and differences. Weigh the pros and cons of personal loan versus car loans before buying a new or used car.  ( 23 min )
    Activision Blizzard's Shares Rise as Microsoft And Sony Agree on a Call of Duty Deal
    Activision Blizzard's shares rose more than 3% as Microsoft And Sony agreed to a 10-year Call of Duty deal.  ( 17 min )
    Wheat Prices Jump After Russia Pulls Out of Deal Allowing Grain Shipments From Ukraine
    Wheat futures jumped after Russia announced it was pulling out of a deal brokered by the United Nations allowing Ukraine to export grain through the Black Sea.  ( 17 min )
    Fewer Business Leaders Expect A Recession But Labor Market Woes Persist
    Despite economic headwinds, fewer than half of U.S. business leaders expect a recession by the end of the year, JPMorgan Chase reported today in its 2023 Midyear Business Leaders’ Outlook.  ( 17 min )
    3 Signs That It's Time to Sell Your Bonds
    Learn about three major signals that it may be time to sell your bonds right now, including impending interest rate hikes and bond issuer instability.  ( 20 min )
    Indirect Loan: What it is, How it Works, Examples
    With an indirect loan, the issuer or holder of the debt doesn't have a direct relationship with the borrower. Instead, a third party issues the loan, with the help of an intermediary.  ( 19 min )
    Ford Cuts Prices on Electric F-150 Citing Improved Production, Battery Costs
    Ford is cutting prices of its electric F-150 Lightning as it benefits from improved production and lower battery costs.  ( 17 min )
    Markets Rise at Midday Ahead of Another Big Week of Earnings Reports
    U.S. equities were up at midday on Monday, July 17, 2023, ahead of more key earnings reports.  ( 16 min )
    Samsung vs. Apple: Comparing Business Models
    An in-depth review of competing business models in the tech industry, including how Apple and Samsung are redefining corporate warfare.  ( 22 min )
    How Tinder Makes Money
    The free match-making mobile app makes revenues by charging users for in-app purchases and subscription plans  ( 19 min )
    Navy Federal CD Rates: July 2023
    With a minimum deposit and a guaranteed return, certificates of deposit (CDs) can be a viable investment. See what Navy Federal CD rates have to offer.  ( 23 min )
    Corporate Kleptocracy at RJR Nabisco
    The excess of the 1980s brought about reckless spending and indulgent management for RJR Nabisco, which led to trouble made famous by the book and film "Barbarians at the Gate".  ( 26 min )
    Charles Schwab CD Rates: July 2023
    If you’re interested in opening a new certificate of deposit (CD) account, Schwab offers a simple brokered CD with attractive rates. Here’s what to know about Schwab CD APYs, terms, and features.  ( 20 min )
    Behind Bitcoin's Rise, and BlackRock's Bid to Launch an ETF
    Nate Geraci of the ETF Store joins The Express to breakdown Bitcoin's incredible rise this year, and why the biggest asset managers in the world like BlackRock have filed to launch Bitcoin ETFs.  ( 15 min )
    30-Year Mortgage Rates Tick Up a Few Points
    30-year mortgage rates have now registered a full week of daily declines, sinking the flagship average more than half a percentage point below the peak notched one week ago.  ( 20 min )
    How Cash App Makes Money
    Block's Cash App is a peer-to-peer platform that brings in most of its money by selling Bitcoin to customers.  ( 21 min )
    5 Things to Know Before Markets Open
    The first Tesla Cybertruck rolled off the production line in Texas and Microsoft reached a deal with Sony that keeps Call of Duty on PlayStation as the company continues to work toward its merger with Activision. Here’s what investors need to know today.  ( 19 min )
    Allocated Loss Adjustment Expenses (ALAE) Definition, Examples
    Allocated loss adjustment expenses (ALAE) are part of an insurer’s expense reserves that are attributed to the processing of an insurance claim.  ( 18 min )
    How to Choose Permanent Life Insurance Policies
    When does it make sense to buy a guaranteed rather than a non-guaranteed life insurance policy?  ( 20 min )
    All-Risks Coverage: What it is, How it Works
    All-risks coverage is insurance coverage for any incident that an insurance policy doesn’t specifically exclude.  ( 17 min )
    Accelerated Option Definition
    An accelerated option in an insurance contract allows the policyholder to withdraw benefits earlier than they would normally be payable.  ( 17 min )
    Dealer Financing: What it is, How it Works
    Dealer financing refers to loans originated by a retailer that are sold to a bank or other third-party institutions.  ( 19 min )
    Nonadmitted Balance
    A non-admitted balance is an item on an insurer’s balance sheet that represents reinsured liabilities for which the reinsurer has not provided collateral.  ( 18 min )
    Lease Extension: What it Means, How it Works, Examples
    A lease extension refers to a legal agreement extending the term of an existing lease or rental agreement.  ( 19 min )
    Zombie ETF Definition
    A zombie exchange-traded fund (ETF) is generating little interest from new investors and is likely to be shut down by the investment company that issued it.  ( 23 min )
  • Open

    First Solar Shares Soar After Deal With Energix Renewables
    Shares of First Solar surged on Monday after agreeing to provide solar modules to Israel-based renewable energy firm Energix Renewables.  ( 1 min )
    ICE and Black Knight Sell Optimal Blue Business to Comply With Regulator Concerns
    ICE and Black Knight are selling Black Knight's Optimal Blue business to comply with regulatory concerns about ICE's purchase of Black Knight.  ( 1 min )
    Ford Cuts Prices on Electric F-150 Citing Improved Production, Battery Costs
    Ford is cutting prices of its electric F-150 Lightning as it benefits from improved production and lower battery costs.  ( 1 min )
    Activision Blizzard's Shares Rise as Microsoft And Sony Agree on a Call of Duty Deal
    Activision Blizzard's shares rose more than 3% as Microsoft And Sony agreed to a 10-year Call of Duty deal.  ( 1 min )
  • Open

    Markets Rise at Midday Ahead of Another Big Week of Earnings Reports
    U.S. equities were up at midday on Monday, July 17, 2023, ahead of more key earnings reports.  ( 1 min )
    Wheat Prices Jump After Russia Pulls Out of Deal Allowing Grain Shipments From Ukraine
    Wheat futures jumped after Russia announced it was pulling out of a deal brokered by the United Nations allowing Ukraine to export grain through the Black Sea.  ( 1 min )
    5 Things to Know Before Markets Open
    The first Tesla Cybertruck rolled off the production line in Texas and Microsoft reached a deal with Sony that keeps Call of Duty on PlayStation as the company continues to work toward its merger with Activision. Here’s what investors need to know today.  ( 1 min )
  • Open

    Pizzaprijzen schieten in Italië nog verder omhoog door peperdure ingrediënten
    Als je deze zomer op vakantie gaat in Italië, kun je bij het bestellen van een pizza zomaar flink duurder uit zijn. Zo zijn basisingrediënten als tomaten en mozzarella flink in prijs gestegen. Ook olijfolie is duurder.  ( 3 min )
    Wat nu? Vijf vragen over de geklapte graandeal tussen Rusland en Oekraïne
    Rusland heeft besloten de graandeal met Oekraïne niet te verlengen. Waar bestond die precies uit, waarom is hij geklapt en hoe moet het nu verder? Vijf vragen over de graandeal.  ( 7 min )
    Personeelstekort dwingt VK tot soepele regels voor buitenlandse bouwvakkers
    Buitenlandse metselaars, stukadoors en dakdekkers kunnen voortaan makkelijker het Verenigd Koninkrijk in komen. De Britten hebben veel te weinig bouwvakkers en versoepelen daarom de regels.  ( 3 min )
    Nederlander ontving door tikfout jarenlang mails van Amerikaans leger
    Miljoenen e-mails van het Amerikaanse leger zijn door een typefout naar domeinnamen in Mali gestuurd die door een Nederlander werden beheerd. Ook gevoelige informatie werd naar verkeerde adressen gestuurd.  ( 4 min )
    Vijf vragen over het klappen van de graandeal tussen Rusland en Oekraïne
    Rusland heeft besloten de graandeal met Oekraïne niet te verlengen. Waar bestond die precies uit, waarom is hij geklapt en hoe moet het nu verder? Vijf vragen over de graandeal.  ( 7 min )
    Bedrijven moeten van toezichthouder uitleggen waarom ze algoritmes gebruiken
    Als organisaties voor hun bedrijfsvoering kunstmatige intelligentie en algoritmes gebruiken, moeten ze uitleggen waarom ze dat doen. Daarvoor pleit de Autoriteit Persoonsgegevens.  ( 4 min )
    Je VanMoof-fiets laten maken wordt nóg lastiger: onderdelen bij Kwik-Fit zijn op
    Wie een kapotte VanMoof-fiets heeft en hem wil laten maken, heeft steeds minder opties. De eigen winkels van VanMoof zijn al enkele dagen dicht en nu blijkt dat specifieke onderdelen bij Kwik-Fit ook op zijn.  ( 3 min )
    Zorgen over 'zeer ongewenste' vertraging in vergroeningsplan Tata Steel
    Het kabinet maakt zich zorgen over vertraging bij de vergroening van Tata Steel. Ook de omgevingsdienst die toezicht houdt op de staalfabriek in IJmuiden, vreest dat "een significant aantal risico's" de klimaatplannen van het bedrijf bedreigen.  ( 5 min )
    Rusland trekt zich terug uit de graandeal: wat betekent dat?
    Rusland heeft maandag laten weten dat het land de graandeal voorlopig niet opnieuw wil verlengen. Waarom is dat ook alweer belangrijk voor de rest van de wereld?  ( 4 min )
    Rusland trekt zich terug uit de graandeal: wat betekent dat?
    Rusland heeft maandag laten weten dat het land de graandeal voorlopig niet opnieuw wil verlengen. Waarom is dat ook alweer belangrijk voor de rest van de wereld?  ( 4 min )
    Facebook en Instagram mogen niet meer gericht adverteren in Noorwegen
    Moederbedrijf Meta mag in Noorwegen tijdelijk geen gerichte reclames meer plaatsen op zijn platforms Facebook en Instagram. Volgens de Noorse privacytoezichthouder Datatilsynet gebeurt dat op een illegale manier.  ( 3 min )
    Nederlander ontving door tikfout jarenlang mails van Amerikaanse leger
    Miljoenen e-mails van het Amerikaanse leger zijn door een typefout naar domeinnamen in Mali gestuurd die door een Nederlander werden beheerd. Ook gevoelige informatie werd naar verkeerde adressen gestuurd.  ( 4 min )
    Rusland trekt zich terug uit graandeal met Oekraïne
    Rusland stapt vanaf dinsdag uit de graandeal. Met die afspraak kon de graanexport via de Zwarte Zee doorgaan, wat goed was voor de voedselprijzen. Volgens het Kremlin heeft het besluit niet te maken met het incident op de Krimbrug zondagnacht.  ( 4 min )
    Rusland pauzeert graandeal na dodelijk incident op Krimbrug
    Rusland stapt vanaf dinsdag uit de graandeal. Met die afspraak kon de graanexport via de Zwarte Zee doorgaan, wat goed was voor de voedselprijzen. Volgens het Kremlin heeft het besluit niet te maken met het incident op de Krimbrug zondagnacht.  ( 4 min )
    Gasprijs zakt naar laagste punt in bijna twee jaar
    Handelaren konden maandagochtend een megawattuur gas kopen voor 24,20 euro. Dat is de laagste prijs sinds september 2021 en minder dan 10 procent van de piekprijs van augustus vorig jaar.  ( 3 min )
    Steeds meer warmtepompen voor woningen verkocht
    Leveranciers van warmtepompen hebben in de eerste zes maanden van dit jaar 85.000 warmtepompen voor woningen verkocht. Dat is een stijging van 80 procent ten opzichte van dezelfde periode vorig jaar.  ( 2 min )
    Werkgevers kunnen subsidie krijgen om kwetsbare mensen aan werk te helpen
    Werkgevers die mensen uit de bijstand aan werk helpen, kunnen daar straks subsidie voor krijgen. Het kabinet stelt 70 miljoen euro ter beschikking om kwetsbare mensen op de arbeidsmarkt te helpen.  ( 3 min )
    Twee jaar na watersnood in Limburg is nog steeds niet iedereen goed verzekerd
    Twee jaar geleden stroomde het water door de Zuid-Limburgse straten. Toen was lang niet iedereen uitgebreid verzekerd tegen overstromingen. Nu hebben meer huishoudens en ondernemers dekking, maar nog lang niet iedereen.  ( 7 min )
    Twee jaar na watersnood in Limburg is nog steeds niet iedereen verzekerd
    Twee jaar geleden stroomde het water door de Zuid-Limburgse straten. Toen was lang niet iedereen uitgebreid verzekerd tegen overstromingen. Nu hebben meer huishoudens en ondernemers dekking, maar nog lang niet iedereen.  ( 7 min )
    H&M opent vanaf 2025 winkels in Braziliaanse steden
    H&M opent in 2025 de deuren in Brazilië. Nergens groeide de omzet van het kledingbedrijf in het afgelopen jaar zo hard als in Zuid-Amerika en de Verenigde Staten.  ( 3 min )
    H&M opent vanaf 2025 winkels in Brazilië
    H&M opent in 2025 de deuren in Brazilië. Nergens groeide de omzet van het kledingbedrijf in het afgelopen jaar zo hard als in Zuid-Amerika.  ( 3 min )
    TomTom verkoopt meer navigatiesystemen door toegenomen autoverkoop
    TomTom ziet een groeiende verkoop van navigatiesystemen en heeft naar eigen zeggen een sterk eerste half jaar achter de rug. Het bedrijf verhoogt de verwachte omzet voor 2023.  ( 3 min )
    Niet iedereen is uitgebreid verzekerd tegen watersnood zoals in Zuid-Limburg
    Twee jaar geleden stroomde het water door de Zuid-Limburgse straten. Toen was lang niet iedereen uitgebreid verzekerd tegen overstromingen. Nu hebben meer huishoudens en ondernemers dekking, maar nog lang niet iedereen.  ( 7 min )

  • Open

    ‘Hunting for Growth’: Goldman Sachs Says These 2 Stocks Could Rally up to 85% From Current Levels — Here’s Why They Have Solid Upside
    It’s no secret that the stock market has rallied this year, with year-to-date gains near 17% on the S&P 500 and 35% on the NASDAQ. There’s also talk that this rally could turn into a true bull market, putting investors in an upbeat mood and providing a welcome counterpoint to the widespread belief that the US will see a recession later this year. Watching the market situation from Goldman Sachs, Vice President Deep Mehta sees two paths to take advantage of the current rally: growth and margin ex  ( 10 min )
    REITs vs. Real Estate Mutual Funds: What's the Difference?
    REITs and real estate mutual funds have their differences, yet they both offer liquidity and easy access to diversified real estate assets.  ( 24 min )
    United Pilots Would Get Raises of Up to 40% Under Preliminary Deal
    The pact follows agreements at Delta and American that included significant raises for pilots.  ( 27 min )
    Oil Extends Decline as Major Libyan Field Resumes Production
    (Bloomberg) -- Oil fell for a second session as a major Libyan field resumed output after protesters that shut the facility ended their demonstration.Most Read from BloombergDollar’s Busted Bull Run Has Doomsayers Calling End of an EraIsrael Quietly Embeds AI Systems in Deadly Military OperationsUS Homeowners Are Tapping $9 Trillion in Real Estate WealthHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearOil Surge to $80 Shows Long-Awaited Market Tightening Is HereGlobal benchmark Br  ( 6 min )
    Marketmind: Will China GDP spoil the party?
    A raft of Chinese economic indicators for June - investment, retail sales, industrial production and unemployment - will be released on Monday, as well as the second-quarter GDP report. Activity has slowed, the economy is sliding towards deflation, and investors have shunned China's stocks, bond and currency. China's economic surprises index last week hit a one year-low.  ( 6 min )
    How to Calculate Rental Property Depreciation
    Real estate depreciation on rental property can lower your taxable income, but determining it can be complex. Find out how it works and can save you money at tax time.  ( 27 min )
    Here are 5 questions investors should consider when jumping into the huge rally in the 'Magnificent 7' stocks this year
    No content preview
    Judge in Coinbase Case Expresses ‘Skepticism’ Over SEC's Prior S-1 Approval
    The Judge appeared to align herself with Coinbase, saying its S-1 may have some legal weight.  ( 8 min )
    Tesla, Goldman Sachs, Netflix, Lockheed Martin, Newmonth, and More Stocks to Watch This Week
    Second-quarter earnings season continues with reports from Morgan Stanley, Bank of America, Tesla, Goldman Sachs, IBM, Netflix, TSMC, Johnson & Johnson, and Newmont.  ( 27 min )
    Russia's economy has gone from bad to worse in a matter of months. Here's where the country is feeling pain the most.
    From plunging car sales to a collapse in Moscow's current-account balance, there's no denying that Russia is suffering severe economic damage.  ( 7 min )
    Welcome to the Dollar War — the global battle that will decide the fate of America's economy
    The dominance of the US dollar is slipping — and this global currency fight will determine whether America can stay on top of the world economy.  ( 15 min )
    The sentiment among Wall Street’s stock market forecasters is anything but frothy
    We do know that the outlook for earnings growth in the coming years is bullish. So it wouldn’t be too surprising if stocks end up even higher a year or two from now.  ( 12 min )
    Tesla, Netflix, banks on tap as earnings season ramps up: What to know this week
    After a cooler than expected inflation report sent stocks soaring, investor focus will shift to corporate earnings from the financial and tech sector in the week ahead.  ( 10 min )
    TipRanks’ ‘Perfect 10’ List: These Monster Growth Stocks Could Reach New Highs
    We’re in the stock market to generate a profitable return; there’s no other reason to invest in anything, really. That makes the first point any investor needs to consider, the most important question in stock investing, quite simple: Will this stock grow, and produce a return? It’s a situation meant for data analysis, and the Smart Score. The Smart Score is a sophisticated data collection and collation tool, based on an AI algorithm, that scours the markets, gathers the data on thousands of pub  ( 11 min )
    I paid off $100,000 in two years and built a real estate empire. Now I’m an influencer making over six figures in less than a year
    The reality TV star shared how she grew her net worth by paying off debt, investing in real estate, and increasing her income.  ( 9 min )
    Dollar’s Busted Bull Run Has Doomsayers Calling End of an Era
    (Bloomberg) -- It just may have been the week that broke the dollar.Most Read from BloombergUS Homeowners Are Tapping $9 Trillion in Real Estate WealthHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearTesla Starts Cybertruck Production Two Years Behind ScheduleTop-Ranked Hedge Fund Chief Sees S&P 500 Entering ‘No Man’s Land’BlackRock’s Rieder Says US Doesn’t Have to Fall Into RecessionThe greenback’s worst slump since November has a bevy of strategists and investors saying a turnin  ( 9 min )
    50% of Americans Can't Afford Their Lifestyle in Retirement: How to Avoid That Fate
    No content preview
    Can I Avoid Depreciation Tax on My Rental Properties?
    No content preview
    Why Are Retired Americans Struggling So Much?
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    Which Can Handle My Cash Better: Vanguard vs. Fidelity vs. Schwab
    No content preview
    How Much Money Can I Make Before the IRS Considers My Hobby to be a Taxable Business?
    No content preview
    I'm Retired & Divorcing. Are My Finances Going to Be a Wreck?
    No content preview
    Watch Out: The 5-Year-Rule Could Affect Your Roth Rollover Plans
    No content preview
    Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes?
    If I give $50,000 in cash to a charity, does that lower my taxable adjusted gross income (AGI) by $50,000? So if my adjusted gross income was $100,000, and I gave $50,000 to charity, is my taxable income now $50,000? … Continue reading → The post Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes? appeared first on SmartAsset Blog.  ( 10 min )
    Can I Get Medicaid to Pay For My Long-Term Care Costs?
    A qualified income trust (or QIT) is a special form of trust designed to help people receive long-term care benefits under Medicaid. It is intended for people who make too much money to receive long-term or residential-care benefits under the … Continue reading → The post A Clever Strategy to Get Your Long-Term Care Costs Covered by Medicaid appeared first on SmartAsset Blog.  ( 9 min )
    Ask an Advisor: Should I Pay off My Mortgage or Invest in CDs? I Refinanced My Mortgage at 2.375%, But I Can Get a CD at 4%. Plus, I Want to Retire in 7 Years.
    I've been debating whether to pay off my mortgage. I've refinanced at 2.375% and can get a certificate of deposit (CD) for a year at 4%. I was adding to my mortgage payment by about $1,000 a month to pay … Continue reading → The post Ask an Advisor: Should I Pay off My Mortgage or Invest in CDs? I Refinanced My Mortgage at 2.375%, But I Can Get a CD at 4%. Plus, I Want to Retire in 7 Years. appeared first on SmartAsset Blog.  ( 9 min )
    Got Big Bucks From an Inheritance? Get Ready For a Big Tax Bill, Too
    If someone close to you has died, the last thing you may want to talk about is money. However, in order to honor their final wishes, you'll need to follow their will (if they left one) or potentially go to … Continue reading → The post How to Deposit a Large Cash Inheritance appeared first on SmartAsset Blog.  ( 8 min )
    Is It Possible For My Beneficiaries to Transfer Property Out of a Trust After I Die?
    After a grantor passes away, becoming the trustee can be daunting, especially if you're responsible for distributing property. Houses are among the most valuable assets in a family for financial and sentimental reasons. Therefore, it's critical to understand how to … Continue reading → The post How to Transfer Property Out of a Trust After Death appeared first on SmartAsset Blog.  ( 10 min )
    The New Workday Dead Zone When Nothing Gets Done
    The new workday dead zone is why so many bosses hate hybrid work.  ( 25 min )
    A $10 Trillion Stock Market Rally Faces Crucial Test in Earnings
    (Bloomberg) -- A near-$10 trillion rally for global stocks this year will face a make-or-break moment as hundreds of companies report earnings over the next few weeks.Most Read from BloombergUS Homeowners Are Tapping $9 Trillion in Real Estate WealthHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearTesla Starts Cybertruck Production Two Years Behind ScheduleTop-Ranked Hedge Fund Chief Sees S&P 500 Entering ‘No Man’s Land’BlackRock’s Rieder Says US Doesn’t Have to Fall Into Recessio  ( 9 min )
    Fed Open to Another Rate Hike After Expected Increase This Month
    (Bloomberg) -- Federal Reserve policymakers are primed to resume raising interest rates this month and remain open to a further increase later in the year.Most Read from BloombergUS Homeowners Are Tapping $9 Trillion in Real Estate WealthTesla Starts Cybertruck Production Two Years Behind ScheduleTop-Ranked Hedge Fund Chief Sees S&P 500 Entering ‘No Man’s Land’History Says It’s Time to Buy Long-Term Bonds as Peak Rates NearBlackRock’s Rieder Says US Doesn’t Have to Fall Into RecessionWhile offic  ( 8 min )
    A Buoyant Global Economy Is Starting to Sag
    Manufacturing activity is weakening, Europe has slipped into a mild recession, China’s rebound from Covid-19 is sputtering and heavy debt and high interest rates burden many emerging markets.  ( 24 min )
    Expect the stock market to stay 'fat and flat' this year
    Expect stocks to stay a ‘fat and flat’ range as the economy attempts to navigate a soft landing, say Goldman Sachs analysts.  ( 8 min )
    Borderlands: $18B LNG export terminal project moves forward at Texas seaport
    This week in Borderlands: $18B LNG export terminal project moves forward at Texas seaport; DHL investing $560M to expand supply chains in Mexico, South America; German manufacturer announces 1st facility in Mexico; and CBP seizes nearly $4 million in meth from a California border crossing. The post Borderlands: $18B LNG export terminal project moves forward at Texas seaport appeared first on FreightWaves.  ( 9 min )
    Investors Are Bailing on Cathie Wood’s Popular ARK Fund
    Once the largest actively managed ETF, the fund has shrunk to roughly $9 billion.  ( 25 min )
    What Markets Are Saying About the Fight Against Inflation
    Investors have long expected inflation to fall back to the Fed’s 2% target relatively quickly, a bet that is starting to look better now than it did a few months ago.  ( 25 min )
    3 Reasons to Buy NextEra Energy Stock, According to DBS
    Concerns regarding NextEra Energy’s (NYSE:NEE) funding strategy have negatively impacted the stock this year, resulting in the shares falling by 13% in 2023. However, now might be an opportunity to pick up shares on the cheap, according to DBS. The Singapore banking giant’s 5-star analyst, Pei Hwa Ho, lays out 3 reasons to back the U.S.’s largest utility and renewable energy company. First off, there’s the combination of a “steady” utility business plus exciting renewable growth, with the compan  ( 7 min )
    A Good Turnover Ratio for a Mutual Fund
    Mutual fund turnover ratios have an ideal ratio that may differ based on the type of mutual fund and your investment goals.  ( 18 min )
    Oil Surge to $80 Shows Long-Awaited Market Tightening Is Here
    (Bloomberg) -- Betting on a tighter oil market has been a bad trade for most of this year. But there are signs it’s finally paying off.Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraRussia Derails Danone, Carlsberg Exits by Seizing AssetsIsrael Quietly Embeds AI Systems in Deadly Military OperationsSingapore House Speaker Resigns in New Blow to Ruling PartyUPS Union Asks Biden Not to Intervene in Case of StrikeAfter languishing for months, crude surged above $80  ( 9 min )
    China’s Economy Is Struggling to Gain Traction
    (Bloomberg) -- China is likely to report rapid economic expansion for the second quarter, although underlying figures will reveal a more challenging picture.Most Read from BloombergUS Homeowners Are Tapping $9 Trillion in Real Estate WealthTesla Starts Cybertruck Production Two Years Behind ScheduleTop-Ranked Hedge Fund Chief Sees S&P 500 Entering ‘No Man’s Land’BlackRock’s Rieder Says US Doesn’t Have to Fall Into RecessionWho’s Winning the Money Race for President as 2024 Heats UpThe comparison  ( 10 min )
    UBS to retain EY as auditor after Credit Suisse takeover- FT
    PricewaterhouseCoopers (PwC), which has been Credit Suisse's auditor since 2020, will audit the acquired bank's accounts for 2023, according to the newspaper. UBS agreed to buy Credit Suisse for 3 billion Swiss francs ($3.48 billion) in March after panicked customers withdrew cash from their accounts at the stricken lender. PwC in Credit Suisse's 2022 annual report had included an "adverse opinion" on the effectiveness of the bank's internal controls over its reporting but said its statements "present fairly, in all material respects" the financial position of the bank from 2020 through 2022.  ( 7 min )
  • Open

    REITs vs. Real Estate Mutual Funds: What's the Difference?
    REITs and real estate mutual funds have their differences, yet they both offer liquidity and easy access to diversified real estate assets.  ( 24 min )
    How Do Supply and Demand Affect the Oil Industry?
    Learn how the law of supply and demand affects the oil industry. Supply and demand determine the price of oil and drive behavior in the oil industry.  ( 22 min )
    What Is Asset Management, and What Do Asset Managers Do?
    Asset management is the practice of increasing wealth over time by acquiring, maintaining, and trading investments that can grow in value.  ( 25 min )
    The 5 Biggest Chinese Oil Companies
    Read about the top five Chinese oil companies as measured by revenues, and learn a little more about their business operations.  ( 22 min )
    How to Calculate Rental Property Depreciation
    Real estate depreciation on rental property can lower your taxable income, but determining it can be complex. Find out how it works and can save you money at tax time.  ( 27 min )
    How the UK Makes Money
    The United Kingdom has one of the strongest economies in the world thanks to the strength of its services, manufacturing, construction, and tourism sectors.  ( 24 min )
    Top 6 Oil-Producing States
    Though over half of 50 states produce at least some crude oil, there are six in particular that are responsible for the bulk of U.S. production.  ( 27 min )
    REIT vs. Real Estate Fund: What’s the Difference?
    A real estate investment trust (REIT) invests in income-producing real estate and trades like stocks. Real estate funds are mutual funds that may invest in REITs.  ( 23 min )
    Federal Grants In Aid: Overview and Examples
    A grant-in-aid is the transfer of national funding to state, local, private, or individual entities for a project.  ( 18 min )
    Overview of the TLT ETF
    Is the iShares Year Treasury Bond ETF (TLT) a good bet for the long run?  ( 18 min )
    Why Won't My Broker Let Me Buy a Stock and Sell It in the Same Day?
    Buying then selling the same stock on the same day is called day trading. Your broker may restrict you from day trading if you are new to investing.  ( 18 min )
    How To Evaluate Bond Performance
    Learn about how investors should evaluate bond performance. See how the maturity of a bond can impact its exposure to interest rate risk.  ( 21 min )
    What's the Relationship Between R-Squared and Beta?
    Explore how the concepts of R-squared and beta are related and often used in conjunction with portfolio alpha.  ( 20 min )
    TD Bank CD Rates: July 2023
    Looking for the latest TD Bank CD rates? Our guide covers the current rates, term lengths, and minimum deposit requirements, helping you make an informed decision.  ( 20 min )
    4 Reasons Why Airlines Are Always Struggling
    Why is the airline industry synonymous with ongoing losses and insolvency? We list four reasons.  ( 19 min )
    Hard and Soft Goods in Retail
    Hard goods and soft goods in retail refer to two different types of products that are offered in stores. Soft good are generally items that are literally soft, such as bedding and clothes.  ( 19 min )
    Housing Market Supply and Demand
    The law of supply and demand is an economic theory that drives many industries, including the real estate market.  ( 22 min )
    Property Appraisal and Valuation Equity (PAVE)
    Property Appraisal and Valuation Equity (PAVE) describes a situation in which property appraisals are not affected by bias or discrimination.  ( 25 min )
    Rebalance Your Portfolio To Stay on Track
    Like a tune-up for a car, portfolio realignment should minimize trouble down the road. Learn how to use a rebalance to minimize your portfolio risk.  ( 23 min )
    Economy: What It Is, Types of Economies, Economic Indicators
    An economy is a system of production and consumption activities that determines how resources are allocated among all of its participants. Learn how it works.  ( 28 min )
    Cross Price Elasticity: Definition, Formula for Calculation, and Example
    The cross elasticity of demand measures the responsiveness in the quantity demanded of one good when the price changes for another good. Learn how it works.  ( 27 min )
    Parents Feel Inflation Burn As They Tighten Back To School Spending
    Inflation may be cooling, but after 18 months of higher prices, parents are prioritizing school supplies and cutting back on apparel and tech devices in their back-to-school budgets this year.  ( 17 min )
    Where Was the Dow Jones When Obama Took Office?
    What was the value of the Dow Jones Industrial Average on Jan. 20, 2009, inauguration day for Obama, and did it perform during his presidency?  ( 23 min )
    Calculate the Difference Between Nominal Value and Real Value of Stock Shares
    Explore the impact of real value and nominal value on stock trading. Find out how these values are assigned and what causes them to change.  ( 18 min )
    A Good Turnover Ratio for a Mutual Fund
    Mutual fund turnover ratios have an ideal ratio that may differ based on the type of mutual fund and your investment goals.  ( 18 min )
    A Guide to the Iran Nuclear Deal
    Learn more about the Iran Nuclear Deal, including its implementation, its cancellation, and the potential next steps.  ( 25 min )
    Bank of England (BoE): Role in Monetary Policy
    The Bank of England (BoE) is the central bank of the United Kingdom. Its role is similar to that of the Federal Reserve in the U.S.  ( 23 min )
  • Open

    Microsoft belooft dat Call of Duty ook op PlayStation blijft verschijnen
    Het populaire schietspel Call of Duty blijft ondanks de overname van Activision Blizzard door Microsoft beschikbaar voor PlayStations. Volgens Microsoft is dat in een overeenkomst vastgelegd. Het gaat om de grootste overname ooit in de gamingindustrie.  ( 4 min )
    Rusland neem 'tijdelijke' controle over lokale Danone en Carlsberg
    Rusland heeft de controle overgenomen over de Russische activa van het Franse voedingsmiddelenconcern Danone en de Deense bierbrouwer Carlsberg. De aandelen van beide multinationals zijn "tijdelijk" onder controle gesteld van de staat, naar een decreet van president Vladimir Poetin.  ( 3 min )
    Beleggers willen beperkte spreektijd activisten bij aandeelhoudersvergaderingen
    Institutionele beleggers zoals verzekeraars en pensioenfondsen willen dat beursgenoteerde bedrijven hun aandeelhoudersvergaderingen strakker gaan leiden. Dit jaar werden onder meer vergaderingen van ING en Ahold Delhaize verstoord door klimaatactivisten, die om de beurt telkens dezelfde vraag gingen stellen.  ( 4 min )
    Beleggers willen grens spreektijd klimaatactivisten bij aandeelhoudersvergaderingen
    Institutionele beleggers zoals verzekeraars en pensioenfondsen willen dat beursgenoteerde bedrijven hun aandeelhoudersvergaderingen strakker gaan leiden. Dit jaar werden onder meer vergaderingen van ING en Ahold Delhaize verstoord door klimaatactivisten die om de beurt telkens dezelfde vraag gingen stellen.  ( 4 min )
    Laatste schip verlaat haven Odesa voor aflopen van graandeal
    Het laatste graanschip is zondag uit de haven van de Zuid-Oekraïense stad Odesa gevaren, voordat maandag de VN-deal afloopt die de export van voedsel regelt. Oekraïne en Rusland zijn het nog altijd niet eens over een verlenging van de deal.  ( 3 min )
    Eigenaar Jeans Centre gaat verder met spijkerbroekenmerk Chasin'
    De winkels van Chasin', het spijkerbroekenmerk van de failliete kledingketen Score, gaan verder onder een nieuwe eigenaar. De JOG Group, bekend van onder meer Jeans Centre, neemt ook de bijbehorende groothandel en webshop over.  ( 3 min )
    Turkije verhoogt belasting op benzine met bijna 200 procent
    Turkije heeft de belasting op benzine zondag met bijna 200 procent verhoogd. Die stap moet de regering van president Recep Tayyip Erdogan helpen bij de uitgaven aan bijvoorbeeld schadeherstel na de aardbevingen in het land eerder dit jaar.  ( 4 min )
    Harde wind drukt stroomprijs opnieuw onder nul
    De elektriciteitsprijzen op de spotmarkt in tal van Europese landen, waaronder Nederland, zullen dit weekend onder nul dalen. Dit gebeurt om er overal veel wind is terwijl er in de zomer steevast ook veel energie opgewekt wordt met zonnepanelen.  ( 4 min )
    NU+ | Waar moet je op letten bij het kopen van een powerbank?
    Het is erg vervelend als je tijdens een reis met een lege smartphone-accu komt te zitten. Zeker als er geen stopcontact in de buurt is. Een powerbank kan de oplossing zijn. Maar welke kies je?  ( 3 min )
    Harde wind drukt stroomprijzen in meerdere landen onder nul
    De elektriciteitsprijzen op de spotmarkt in tal van Europese landen zullen dit weekend onder nul dalen. Dit gebeurt om er overal veel wind is terwijl er in de zomer steevast ook veel energie opgewekt wordt met zonnepanelen.  ( 4 min )
    VS is niet bereid handelstarieven voor China af te schaffen
    De Verenigde Staten zijn niet bereid om handelstarieven voor Chinese producten af te schaffen. "De tarieven zijn ingevoerd omdat we ons zorgen maakten over oneerlijke handelspraktijken aan de kant van China. Die zorgen zijn er nog", zegt financiënminister Janet Yellen.  ( 4 min )
    Twitter is helft advertentieomzet kwijt en ziet geld wegvloeien
    Twitter is sinds de overname door Elon Musk ongeveer de helft van zijn advertentie-inkomsten kwijtgeraakt. Ook kampt de berichtendienst met een grote schuldenlast en een negatieve kasstroom. Dat wil zeggen dat er meer geld de onderneming uitgaat, dan dat er binnenkomt.  ( 4 min )
2023-08-14T16:13:09.304Z osmosfeed 1.15.1